Tag "pension liabilities"
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Change in accounting rule forces governments to disclose liabilities
State and local governments will no longer be allowed to hide the true costs of the long-term benefits provided to government workers. A recent change by the Governmental Accounting Standards Board, known simply by the acronym GASB, forces government bodies
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LAO’s cheerfully nutty budget report: Pension crisis? What pension crisis?
The Legislative Analyst’s Office has among the best reputations of any state agency. But after the release of Wednesday’s bizarre LAO budget analysis and accompanying press conference by Legislative Analyst Mac Taylor, I don’t know why. I groused about it
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