Go online and find the City of Atlanta's Comprehensive Annual Financial Report for the year ended June

Question:

Go online and find the City of Atlanta's Comprehensive Annual Financial Report for the year ended June 30, 2013. Find the footnotes related to defined pensions and other post employment benefits (OPEB).

Required:

1. Determine the amount of unfunded pension obligations for all defined pension plans.

2. Determine the amount of unfunded OPEB obligations.

3. Is this likely to cause problems in the future? What changes has the City of Atlanta made with regard to pensions that might help mitigate future problems?

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Advanced Accounting

ISBN: 978-1119119364

6th edition

Authors: Debra Jeter, Paul Chaney

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