New Governmental Accounting Standards Board Pension Standards

On June 25, 2012, the Governmental Accounting Standards Board (GASB) approved two new standards (one for governmental pension plans and one for governmental employers) that would require state and�local governments, for the first time, to report significant pension-related liabilities

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/3pY4ekmevmE/GASBPensions.aspx

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