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GASB to issue Exposure Draft on pension accounting

A joint statement from two groups expresses concern over proposed pension accounting rules.

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In anticipation of the Governmental Accounting Standards Board (GASB) issuing its Exposure Drafts outlining new rules for how state and local governments account for their pensions, the National Association of State Retirement Administrators and the National Council on Teacher Retirement issued a joint statement expressing both hope and concern.

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