Featured Jobs
|
DWC - The 401(k) Experts
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Retirement Plan Onboarding Specialist Compass
|
|
DWC - The 401(k) Experts
|
|
Relationship Manager - Defined Contributions Daybright Financial
|
|
MAP Retirement
|
|
PPS Pension Services
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Pension Rule May Wipe Out Equity -- Accounting Change Moves Costs onto Balance Sheets
The Washington Post; subscription may be required 
Apr. 13, 2006
Excerpt: Pending changes in the way corporations are required to account for the costs of their pension plans would have wiped out more than $220 billion in shareholder equity at the nation's largest companies and reduced the 'net worth' of some them, including General Motors Corp., to less than zero had they been in effect last December, according to a study released yesterday.
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |