| Summary |
Petition for an Accounting Order allowing Pacific Power to (1) defer the impacts associated with pension events (such as pension settlements), and (2) amortize the impact of pension events over the same period used to amortize the underlying pension-related regulatory assets or liabilities. The purpose of this filing is to smooth the effect of pension events, given that recent revisions to Accounting Standards Codification 715 would otherwise require the company to recognize the impact of pension events immediately, rather than over a period of years. |
