Which of the Following Is True for a City Government

Multiple Choice

Which of the following is true for a city government participating in a state sponsored pension plan for its law enforcement employees.

A) The General Fund will report pension expenditure for the annual required contribution to the State Retirement System.
B) The Government-wide Statement of Net Position will report a liability to the extent the city's share of the total pension liability exceeds the net fiduciary position of the state plan.
C) Both A and B.
D) Neither A nor B.