Where in the Comprehensive Annual Financial Report would one find the accrued actuarial pension liability,in cases where the government has made the required annual contributions?

Question

Quizplus · Accepted Answer

The accrued actuarial pension liability, in cases where the government has made the required annual contributions, would be found in the Required Supplementary Information Schedule of Funding Progress. This schedule provides information on the funding status of the pension plan, including the actuarial accrued liability, the funded status, and the ratio of assets to liabilities. The Statement of Fiduciary Net Assets provides information on the assets, liabilities, and net assets of the pension plan, but may not specifically include the accrual of the pension liability.

Where in the Comprehensive Annual Financial Report Would One Find