Stephanie Rea, a spokeswoman for Clement, confirmed the change will have no “financial implications” for the government. It will not affect the deficit or government plans to balance the budget in 2015.
She said the change is one of “presentation” only, and was done to bring the plan’s financial statements in line with public sector accounting standards as urged by Auditor General Michael Ferguson and the federal comptroller general.
PS pension plan accounting changes spark pre-election concerns
READ MORE: http://ottawacitizen.com/news/local-news/pension-plan-accounting-changes-spark-pre-election-concerns
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