Answer:
Pension plans are required to report two schedules, a schedule of funding progress and a schedule of employer contributions as required supplementary information (RSI) in their stand-alone financial reports and in pension plan financial information reported in the CAFR of sponsoring government - Both statements are true.
Explanation:
Pension plans are required to report two schedules, a schedule of funding progress, and a schedule of employer contributions as required supplementary information (RSI) in their stand-alone financial reports -This statement is correct.
Pension plan financial information is reported in the CAFR of sponsoring government - This statement is also correct.
Therefore, both statements are true.
