What were the major effects of SFAS No. 106 on reporting for post-retirement benefits other than pensions?
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What were the major effects of SFAS No. 106 on reporting for post-retirement
benefits other than pensions?
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- Why did the FASB's prior pension accounting guidelines not encompass both pensions and healthcare as post-retirement benefits?How does accounting for postretirement benefits similar in most respects to accounting for pension benefits?Why didn't the FASB cover both types of postretirement benefits'pensions and healthcare'in the earlier pension accounting rules?