Accounting

News and Videos on Account from Pensions & Investments

  1. Impact of GASB's new pension rules on government bond ratings

    trueFor many public sector retirement plan sponsors, the Governmental Accounting Standards Board's new pension reporting rules couldn't have come at a worse time. The changes, effective June 15 and encapsulated in GASB Statements 67 and 68, mandate that governmental balance sheets reflect unfunded ...

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  1. CalSTRS' unfunded liabilities rise $2.7 billion

    trueCalSTRS' unfunded actuarial obligation has increased to $73.7 billion as of June 30, up $2.7 billion from the previous year, according to a pension fund report.

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  2. Tacoma Employees issues call for actuarial consultant

    trueTacoma (Wash.) Employees' Retirement System is searching for an actuarial consultant.

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  3. GASB votes against delaying reporting of liabilities

    trueGovernmental Accounting Standards Board voted unanimously on Monday not to delay the implementation of Statement 68, which affects how governments report their pension fund liabilities.

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  4. Indiana Public Retirement issues call for auditing firm

    trueIndiana Public Retirement System, Indianapolis, is searching for an external auditing firm to ensure its compliance with GASB accounting standards.

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  5. A pathway to stronger plans

    trueAn independent panel of the Society of Actuaries has laid out a path to strengthen public defined benefit plans, championing the valuation of pension liabilities in a more economically realistic way.

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  6. San Diego County Employees casts net for actuary

    trueSan Diego County Employees Retirement Association has launched an RFP for an actuarial firm.

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  7. N.M. Educational Retirement Board enrolls Segal for auditing services

    trueNew Mexico Educational Retirement Board, Santa Fe, approved hiring Segal for actuarial audit services.

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  8. New York State Deferred Compensation Plan looks for auditor

    trueNew York State Deferred Compensation Plan, Albany, issued an RFP for an accounting firm to conduct annual audits.

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  9. Norfolk Employees' Retirement System seeks actuarial consultant

    trueNorfolk (Va.) Employees’ Retirement System is searching for an actuarial consultant, confirmed Sheryl Potter-Griggs, acting executive secretary.

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  10. Andover Contributory Retirement System re-signs Segal as actuary

    trueAndover (Mass.) Contributory Retirement System has rehired Segal Co. as its actuary.

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  11. Tennessee's treasurer looking for actuarial consultant

    trueTennessee Department of the Treasury, Nashville, is searching for an actuarial consultant, confirmed Blake Fontenay.

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  12. Hollywood Firefighters selects Foster & Foster as actuarial consultant

    trueHollywood (Fla.) Firefighters’ Pension Fund hired Foster & Foster as actuarial consultant, according to recently released board meeting minutes.

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  13. Maynard Contributory Retirement System chooses auditor

    trueMaynard (Mass.) Contributory Retirement System selected Roselli, Clark & Associates to serve as auditor for the $29 million pension fund.

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