Pensions

Federal employee pension benefits are set to be pared back in Republicans' giant tax and spending package working its way through the House.

The Governmental Accounting Standards Board released a post-implementation review report on its pension standards and found they mostly accomplished their goals.

Several tax lawyers said agents may have gone too far by looking for crimes in transactions that promoters promised were permissible under a 2011 tax treaty.

While there are pension accounting standards, they allow plans to make more aggressive assumptions about how well they're funded than in the private sector.

Complexity causes the data to be unclear, and even obsolete by the time it is reported.

The Internal Revenue Service posted new rules Friday for multiemployer qualified retirement plans that have run into funding problems and need extra financial help from the Pension Benefit Guaranty Corporation.

The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees.

In the wake of a global pandemic, everything is being re-thought.

Senator Bernie Sanders is proposing hiking taxes on executive retirement plans and using the extra revenue to aid struggling worker pension plans.

The Governmental Accounting Standards Board released guidance on leases, pension plans and a wide range of other accounting and financial reporting issues that were identified during the implementation and application of some of its earlier pronouncements.

The omnibus exposure draft addresses a variety of issues identified during the implementation and application of different pronouncements.

The Governmental Accounting Standards Board proposed new accounting and financial reporting guidance Friday on deferred compensation plans under Section 457 of the tax code.

Olympus Corp. lost a U.K. lawsuit that tried to block the pension of former head Michael Woodford after he blew the whistle on an alleged $1.7 billion accounting fraud and 13-year cover-up at the firm.

The Financial Accounting Standards Board made two changes to its conceptual framework and released a pair of accounting standards updates aimed at making disclosures in notes to financial statements more effective.

There’s one area where the traditional pension plan is getting new life — as a tax dodge for wealthy business owners.

The Internal Revenue Service said Tuesday that the Tax Cuts and Jobs Act of 2017 won’t affect the tax year 2018 dollar limitations for retirement plans the IRS had announced last year.

The Internal Revenue Service issued the annual cost of living adjustments Thursday for 401(k) contributions, pension plans and other retirement-related matters.

The Financial Accounting Standards Board has released an update to improve the financial reporting on pensions and other post-retirement benefits.