Op-Ed: “Connecticut Must Face True Pension Liabilities”
CTCPA Past President Marcia Marien led the charge to “fix our future” here in Connecticut a few years ago – so she was understandably delighted last month when the GASB approved two new, game-changing standards last month. The new standards will require state and local governments to report significant pension-related liabilities on their balance sheets.
Today’s Hartford Courant features an op-ed by Marcia on those standards and Connecticut’s fiscal health. It’s a great read for CPAs, politicians, legislators – and all Connecticut residents.
You can read the article in its entirety at http://www.courant.com/news/opinion/hc-op-marien-connecticut-must-count-all-liabilitie-20120709,0,2755520.story.