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Pension plans are required to report two schedules, a schedule of funding progress and a schedule of employer contributions as required supplementary information (RSI) in their stand-alone financial reports
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Pension plans are required to report two schedules, a schedule of funding progress and a schedule of employer contributions as required supplementary information (RSI) in their stand-alone financial reports and in pension plan financial information reported in the CAFR of sponsoring government. True False

User Mrigesh Priyadarshi
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4 votes
4 votes

Answer:

Pension plans are required to report two schedules, a schedule of funding progress and a schedule of employer contributions as required supplementary information (RSI) in their stand-alone financial reports and in pension plan financial information reported in the CAFR of sponsoring government - Both statements are true.

Step-by-step explanation:

Pension plans are required to report two schedules, a schedule of funding progress, and a schedule of employer contributions as required supplementary information (RSI) in their stand-alone financial reports -This statement is correct.

Pension plan financial information is reported in the CAFR of sponsoring government - This statement is also correct.

Therefore, both statements are true.

User EnigmaRM
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