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Reporting pension liability could have big impact on public sector’s balance sheets

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WILLMAR — New requirements for how public entities must report net liabilities for defined-benefit pension plans could have a big impact on local government.

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Rice Memorial Hospital had a foretaste last week of the pending changes, and the hospital’s auditors said the impact will be widespread.

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Anne Polta

Anne Polta covers health care, business/economic development and general assignment. Her HealthBeat blog can be found at http://healthbeat.areavoices.com. Follow her on Twitter at @AnnePolta.

(320) 235-1150
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