A financing explanation for overfunded pension plan terminations
Article Abstract:
Companies tend to cut back overfunded pension plans when they are making less money, the stock market devalues their cash flow, or they cannot afford to take on additional debt financing. This view cannot justify practices that encourage differential accounting treatment to excess pension assets and marketable securities. It has traditionally been implied that pensions should be overfunded so that if cash is ever needed, they can be terminated promptly.
Publication Name: Journal of Accounting Research
Subject: Business
ISSN: 0021-8456
Year: 1987
User Contributions:
Comment about this article or add new information about this topic:
A defense of the drama of quotidian life: leave Ozzie and Harriet alone
Article Abstract:
A man reminisces about the nature of the Ozzie and Harriet Nelson family TV show of the 1950s. The show was not set in an unreal time, so different with its sunny family harmony from now, rather it is timeless in showcasing the small daily things that keeps family together, no matter what the era.
Publication Name: The New York Times Magazine
Subject:
ISSN: 0028-7822
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Caulking
Article Abstract:
Caulk offers many benefits including filling and sealing joints, and protecting against moisture both inside and outside. It hides cracks and stops drafts, saving energy. Tips are given on what type should be used for which job. Other topics include caulk guns, and how to remove bad caulking.
Publication Name: Today's Homeowner
Subject: Home and garden
ISSN: 1089-4810
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Beachcombing. Easing a painful transition
- Abstracts: Buying a chain saw. Mocking the meat it feeds on: representing Sarah Churchill's hystericks in Addison's 'Rosamond'
- Abstracts: Bill Brown 1923-1992. On the Use of Semantic Constraints in Guiding Syntactic Analysis
- Abstracts: Sue Amendolara. New world disorder
- Abstracts: Sprouts from the cabbage patch. Little bug, big bang: so you think you've had computer problems