Cocco, Anthony F. - In: Journal of Insurance Issues 16 (1993) 2, pp. 21-27
The recording of a transition liability associated with the adoption of SFAS No. 106, Accounting for Postretirement Benefits Other than Pensions, will result in an equity-to-debt shift on GAAP-based financial statements. If SFAS No. 1 06 is adopted for statutory accounting purposes, this shift...