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Pension parity.

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Humans↗

Pensions.

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Humans↗

Coping with FASB Statement No. 106--"Accounting for Post-retirement Benefits other than Pensions".

The Financial Accounting Standards Board has recently adopted Statement No. 106 providing accounting rules for nonpension postretirement benefits. This change presents a complex series of design, funding and tax issues that will forever change the way employers view the offering of postretirement benefits. Careful analysis of these issues within the specific context of each employer's human resources and financial strategy will be needed to select the proper course of action for dealing with this new accounting statement.

Accounting↗

A global trend: privatization and reform of social security pension plans.

Ten years ago Chile successfully privatized its social security system, beginning a worldwide trend to solve the problem of an increasing burden on government-supported social security programs. Contributing factors include an aging population, fewer workers to support retirees, government budget deficits and the influence of politics.

Actuarial Analysis↗