Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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GASB's OPEB Proposals May Have Big Impact on State and Local Government Financial Statements
Journal of Accountancy [Guidance Overview] June 17, 2014
"The goal is to present users of government financial statements an accurate depiction of the liabilities governments face in their promises to retired employees.... Both standards represent huge obligations.... [T]he proposed standard would require use of a single actuarial cost allocation method... [T]he proposal provides more guidance for setting the discount rate for projecting future liabilities... GASB will not try to influence state and local government officials as they decide how to fund those liabilities[.]"
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