Blogging Employee Benefits

February 23, 2006

Defense Contractor Pension Review Updated

Filed under: Accounting, CAS — Fuguerre @ 7:08 am

The objective is to improve the efficiency and effectiveness of the acquisition process, while allowing the acquisition workforce the flexibility to innovate.

The Department of Defense has amended the Defense Federal Acquisition Regulation Supplement to update and clarify content relating to government review of defense contractor insurance programs, pension plans, and other deferred compensation plans. Also, text addressing procedural issues of such reviews is relocated to a new DFARS companion resource, Procedures, Guidance, and Information. [48 CFR 242, 71 FR 9273]

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