Proposed GASB Rules Show Why Only Market Valuation Fully Captures Public Pension Liabilities

The Governmental Accounting Standards Board has released preliminary views on how public sector pension plans should value benefit liabilities. Because the GASB's proposals ignore government's contingent liability to pay plan benefits should assets fall short, they omit the full value of p...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Veröffentlicht in:	Financial analysts journal 2011-03, Vol.67 (2), p.18-22
1. Verfasser:	Biggs, Andrew G.
Format:	Artikel
Sprache:	eng
Schlagworte:	Accounting procedures Accounting standards Actuarial liability Discount rates Economic benefits Economists Employee pension plans Financial liabilities Funding GASB statements Interest rates Liabilities Liability Local government Municipal bonds Pension funds Pension liabilities Pension plans Pension schemes PERSPECTIVES Present value Public pensions Public sector State employees U.S.A Valuation
Online-Zugang:	Volltext
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Schreiben Sie den ersten Kommentar!