PSC-22-07-00018-A Accounting Treatment of Pension Internal Reserve Account  

  • 11/4/09 N.Y. St. Reg. PSC-22-07-00018-A
    NEW YORK STATE REGISTER
    VOLUME XXXI, ISSUE 44
    November 04, 2009
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-22-07-00018-A
    Filing Date. Oct. 15, 2009
    Effective Date. Oct. 15, 2009
    Accounting Treatment of Pension Internal Reserve Account
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 10/15/09, the PSC adopted the terms of a Joint Proposal, with one minor clarification, regarding New York Water Service Corporation's accounting treatment of carrying charges on pension internal reserves.
    Statutory authority:
    Public Service Law, section 89-c
    Subject:
    Accounting treatment of pension internal reserve account.
    Purpose:
    To approve the accounting treatment of pension internal reserve account.
    Substance of final rule:
    The Commission, on October 15, 2009, adopted the terms of a Joint Proposal regarding New York Water Service Corporation's accounting treatment of carrying charges on pension internal reserves, subject to the terms and conditions set forth in the order.
    Final rule as compared with last published rule:
    No changes.
    Text of rule may be obtained from:
    Leann Ayer, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2655, email: leann_ayer@dps.state.ny.us An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
    Assessment of Public Comment
    An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
    (07-W-0463SA1)

Document Information

Effective Date:
10/15/2009
Publish Date:
11/04/2009