FASB Chairman Testifies to Senate on Pension Accounting

June 14, 2006

FEI Summary

On June 14, 2006, Financial Accounting Standards Board (FASB) Chairman Robert Herz testified before the Senate Committee on Banking, Housing and Urban Affairs on FASB’s Proposed Standard on “Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans.” Click on the links below for Herz’ prepared statement, and full text of his testimony.  

o        Prepared statement

o        Full text of testimony