Category: "Employee Benefits"
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PS 3251 Employee Benefits: Major Changes to Public Sector Accounting Standards
DB, DC, Employee Benefits, MEPP, News
By Pat Johnston, FCIA, FSA – GBL PS 3251 Employee Benefits Changes In March 2026, the Public Sector Accounting Board (PSAB) issued Section PS 3251, Employee Benefits, a new standard that replaces PS 3250 (Retirement Benefits) and PS 3255 (Post-employment Benefits, Compensated Absences and Termination Benefits). While PS 3251 does not change the actual cost […]
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