Description: This article describes a new pension accounting standard for multinational companies and compares its provisions to those of the U.S. accounting standards. From Pension Section News, April 1998, Issue No. 36.

Description: Pension accounting standards continue to evolve across the globe with objectives, methods and assumptions varying, sometimes substantially, from one jurisdiction to the next. The presenters will compare the primary global pension accounting standards (US GAAP and IFRS), review recent developments and address whether or not the current standards adequately serve stakeholders such as plan participants, investors, management and regulators.

Description: This web page contains a link to an Excel table, provided by the SOA Pension Section, with the month-end Moody's Long-Term Corporate Bond Yields - AA Bond Ratings - from January 1986 through June 2011. The Pension Section stopped updating the table after June 30, 2011.

Description: Other Post Employment Benefits OPEB deals with the promise of providing coverage for post employment non-pension benefits such as health care and life insurance. This article focuses on the recent implementation of GASB No. 43 and 45 which requires public entities to value and recognize the liability of post employment non-pension benefits.

Description: This web page contains links, provided by the SOA Pension Section, to the Citigroup Pension Discount Curve and Liability Index, and to related explanatory material. Formerly provided by Salomon Brothers, these measures can be used by employers to satisfy SEC guidelines when determining the discount rates used for pension and postretirement benefit accounting under FASB Statement of Financial Accounting Standards FAS 87, 'Employers' Accounting for Pensions,' and FAS 106, 'Employers' Accounting for Postretirement Benefits Other Than Pensions.'

Description: The association between disclosed financial accounting data and firm value is examined, while incorporating the effect of managerial discretion in reporting those data. Assumptions used to compute a firm's pension liability are addressed. These findings suggest that analysts recognize managers' use of unjustified assumptions and the disclosed accounting numbers are appropriately discounted.

Description: This paper calls for a reconsideration of ASOP 27 in the wake of the scandals that began with Enron and have rocked the world of finance. The paper argues for a tighter standard, perhaps based on the different approach taken in ASOP 35. From Current Pension Actuarial Practice in Light of Financial Economics Symposium, M-RS04-1.

Description: This article reviews the proposed new accounting standards for pensions for governmental plans. From the Pension Section News, October 2011, Issue No. 75.

Description: This is the Reformatted Actuarial Standard of Practice No. 4: Measuring Pension Obligations. This standard is effective for measurements made as of December 3,1993 or later.

Description: This article discusses how pension accounting has an impact on the personal savings rate.