Required disclosure by the general fund of a government related to its pension plan does NOT include which of the following?

Question

Quizplus · Accepted Answer

The present value of the future benefits to be paid is typically disclosed by the pension plan itself, not by the general fund of a government. The general fund's disclosures usually include the employer's funding policy, components of the pension cost, and key assumptions used in determining the pension cost.

Required Disclosure by the General Fund of a Government Related