A New Approach for Proper Reporting of Pension Benefit Obligations in the Financial Statements of “Old Funds” for Professionals
In this paper, we focus on the disclosure of pension liabilities for entities referred to in Italian Legislative Decree
30 June 1994 no. 509 (also called “old funds” for professionals), which is crucial for a suitable communication.
After illustrating the limits of current statutory financial statements‟ in relation to the information they provide
on pension benefit obligations, we propose three potential solutions to bridge the gap. Each of these proposals