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International Foundation of Employee Benefit Plans

Public Sector Pension Accounting Changes—A Psab Update

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Description

How public sector employers report their pension obligations and costs may be changing. The Public Sector Accounting Board (PSAB) that sets accounting standards for governments and other public sector entities has an employment benefits project that may result in changes in pension accounting. PSAB has issued three invitations to seek stakeholder feedback on the potential changes.

Hear from a member of PSAB’s Employment Benefits Task Force and PSAB staff leading this project about the following:

  • Why an update of the pension accounting standard is needed
  • What are the potential changes and their implications
  • How your organization can influence the future of pension accounting.

Experts

Mr. Martin is the comptroller for the province of New Brunswick with oversight of accounting, internal audit, enterprise risk management, financial systems and consulting. He has 33 years’ experience in public practice as a former partner with a national accounting firm and four years with the pr...
Lydia is a well-respected public sector accounting expert. Her specialty is in developing creative strategies and solutions to account for complex arrangements to serve the public interest. She has 10 years of experience in setting accounting standards, and 12 years in preparing government finan...