IN THE NEWS
GASB 67 and GASB 68: What the new accounting standards mean for public pension reporting

JUNE 22, 2017 | MERCATUS CENTER, GEORGE MASON UNIVERSITY

Unfunded pension liabilities are now reported on the government balance sheets, producing a more accurate picture of government finances and increasing the visibility and the total amount of liabilities on the books.

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New York City’s slowly sinking pensions are taking on more water

JUNE 22, 2017 | REASON

Unlike places like Chicago, Dallas, and Detroit, where public employee retirement costs have become a full-blown crisis, New York City's pension troubles have stayed out of the headlines and have not generated much talk of bankruptcy.

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