Pension plans are required to report two schedules,a schedule of funding progress and a schedule of employer contributions as required supplementary information (RSI)in their stand-alone financial reports and in pension plan financial information reported in the CAFR of sponsoring government.

Question

Quizplus · Accepted Answer

Reporting these two schedules as RSI, along with two basic financial statements, a statement of plan net position and a statement of changes in plan net position, are the requirements discussed in Chapter 8 of the text.

Pension Plans Are Required to Report Two Schedules,a Schedule of Funding