The Governmental Accounting Standards Board released a post-implementation review report Monday on its pension standards and found they mostly accomplished their goals. The PIR project examined the ...
Taxpayers are reading state, county and municipal financial forecasts and are attending municipal meetings where business managers now report actual unprecedented tax receipts coming in. They are now ...
Governments would have to report as a liability on their accrual-based financial statements the unfunded portion of their pension plan under a new proposal. That was contained in a statement of ...
One of the 3 hurdles (pension expense) is out of the way, which optimizes the cost structure. Uncertainties surrounding the nuclear PTC treatment and rate case remain, hindering an upgrade to a buy ...
Back in 2002, Nevada County’s annual pension expense was a mere $200,000. Nine years later, the County’s annual pension expense ballooned to $10.6 million – a growth rate of 5,195 percent. By ...
NEW YORK (CBS.MW) - Shares of Unisys were down $1.50, or 9.4 percent, at $14.40, and were among the biggest percentage losers on the NYSE, due to concerns over expected 2004 pension expenses that ...
The Pennsylvania auditor general responded to the Chester mayor’s request for an investigation to alleged pension “spiking” and said recommendations were given multiple times in the past. “I’m just ...
Investment losses last year eroded funding ratio gains achieved a year earlier by Chicago's pension system, casting a shadow over a healthy pickup of taxes on the city's audited financial results. The ...