Accounting for Governmental & Nonprofit Entities
Accounting for Governmental & Nonprofit Entities
17th Edition
ISBN: 9780078025822
Author: Jacqueline L. Reck James E. Rooks Distinguished Professor, Suzanne Lowensohn, Earl R Wilson
Publisher: McGraw-Hill Education
Question
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Chapter 8, Problem 12C

a.

To determine

Examine the schedules of funding process in RSI and identify that how large is the unfunded actuarial accrued liability (UAAL) for B’s OPEB-City and OPEB-Plan. Identify the funded ratio and the UAAL as a percentage of covered payrolls.

b.

To determine

Examine the schedules of funding process for OPEB within the RSI of City NY’s CAFR and identify that how large is the unfunded actuarial accrued liability (UAAL). Identify the funded ratio and the UAAL as a percentage of covered payrolls.

c.

To determine

Compare the funds status of City B’s and City NY’s OPEB obligations.

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