LAST year seemed like a pretty good one for Lucent Technologies. Before taxes, it reported income of $1.06 billion. The numbers, though, are deceiving. Lucent recorded more than $1.1 billion in gains ...

With so many governments' public pension funds woefully underfunded, there's little doubt that some asset managers are taking higher risks with the funds' assets as they seek higher returns. The ...

The generosity of pensions provided to public-sector workers has come under increased scrutiny as states and local governments search for ways to close their budget deficits. The intense and ongoing ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Straight frauds like Enron, Adelphia and WorldCom aren’t the only examples in which adverse consequences follow bad accounting practices. In those cases, management set out to deceive by blatantly ...

The Financial Accounting Standards Board (FASB) introduced a new accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the ...

The bursting of the stock market bubble has left many private defined benefit pension plans underfunded, raising some concerns about the effects on cash flows and, for a few firms, on financial ...

THE HUNDREDS of billions of dollars of publicly reported pension debt in California will increase significantly under proposed new national accounting rules that could make it more difficult and ...

The stock market just wrapped up its third straight year of losses, but when it comes to pension accounting, that reality has yet to catch up with much of corporate America. Many companies are feeding ...

Across the country, debates over the appropriate level of public-employee compensation are ongoing. Due to the recession, governments at every level are seeking to reduce budget deficits, and public ...

One of the many things that make investors sweat is the state of corporate pensions and other post-retirement benefit plans. How well are they funded? Are there enough assets available in the plan, or ...

The financial health of defined benefit pension plans for state and local government workers is a matter of policy concern and analytical contention. Pensions have come under increased scrutiny as ...