Description: The Statement of Financial Accounting Standards No. 87. Employers’ Accounting for Pensions, became effective in 1987. This is an accounting/actuarial standard with significant income statement and balance sheet implications. This article discuses the results of a survey of selected affected companies regarding the impact of this standard.

Description: This article delves into how pension costs for work performed under a government contract are reimbursed. This is an expansion of related issues discussed in an article by Bernard Sacks in the April 1989 issue of The Actuary. Article from The Actuary, Volume 24, Issue 4

Description: The International Accounting Standards Committee’s IASC mandate to produce internationally recognized standards for employee benefits gave the International Forum of Actuarial Organizations IFAA an early opportunity to show its importance in representing actuarial interests internationally.

Description: This article summarizes the work of the SFAS No. 106 implementation task force which was formed to consider the needs of practicing actuaries, inform the appropriate standing committees of these needs, and prompt these committees toward quick resolution of any outstanding issues.