Statement Of Changes In Net Assets Available For Pension Benefits

The Statement of Changes In Net Assets Available For Pension Benefits couldn’t have a longer name, could it?

Anyway...the Statement of Changes In Net Assets Available For Pension Benefits reports current net assets of a pension fund in the form of an income statement. If you need a refresher: a pension is an employee-sponsored retirement fund...some sweet benefits.

The Statement of Changes In Net Assets Available For Pension Benefits is basically an updated report for workers to see the pension fund earnings, i.e. how they’re doing. That includes a breakdown of employer contributions and the investment earnings that have accumulated over time...plus deductions, of course, like taxes. You can’t escape them.