The Governmental Accounting Standards Board voted Monday to approve two new standards to improve the accounting and financial reporting of public employee pensions by state and local governments.

The Governmental Accounting Standards Board is expected to issue new proposals this week that would require state and local governments to be more open about their pension-funding obligations. The ...

One of the 3 hurdles (pension expense) is out of the way, which optimizes the cost structure. Uncertainties surrounding the nuclear PTC treatment and rate case remain, hindering an upgrade to a buy ...

The largest U.S. corporate pension plans finished 2020 with a higher funding deficit than a year before but also managed to come out of the year with a higher funding ratio and lower aggregate pension ...

Many school district administrators and board members across the country say they’ve recently had to cut investments in facilities and instruction to make room for the ballooning cost of pensions for ...

Most sponsors of corporate defined benefit plans were pleasantly surprised by improved funding levels on an accounting or economic basis in 2022, driven by significantly higher pension liability ...