Why CFOs Need More Funding Relief to Limit the Impact of Pensions on Financial Statements
March 16, 2009
The Worker, Retiree, and Employer Recovery Act (WRERA) was signed into law in December 2008, providing modest funding relief for pension plan sponsors. However, as many financial executives are determining their pension's 2009 funded status and subsequent cash requirements, it is apparent that additional funding relief is needed.
Why CFOs Need More Funding Relief to Limit the Impact of Pensions on Financial Statements (PDF)