FASB pensions standard released.

• Position: National

The FASB issued a standard that will require employers to fully recognize the obligations associated with single-employer defined benefit pension, retiree healthcare and other post-retirement plans in their financial statements.

The standard will make it easier for investors, employees, retirees and others to understand and assess an employer's financial position and its ability to fulfill the obligations under its benefit plans.

Under previous accounting rules, the funded status of an employer's post retirement benefit...