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GASB Proposal Enhances Disclosure Requirements for Governmental Pension Plans

[print version]

Norwalk, CT, December 15, 2006-The GASB today issued a proposal that would bring current pension disclosure requirements for governments and governmental pension plans into line with those recently issued for other post-employment benefits, or OPEB. The changes, outlined in an Exposure Draft of a proposed Statement on pension disclosures, would enhance accountability and improve the decision usefulness of financial information provided to citizens, elected representatives, investors, and other financial statement users about pensions in a number of areas.

[print version] *



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