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Employment Benefits - PSAB

Date recorded:

At its meeting on June 22-23, 2017, the PSAB noted that the Employment Benefits Task Force has been developing an invitation to comment (ITC) on discount rates. The Board received a presentation on the issues related to developing discount rate guidance for estimating accrued benefit obligation. The Board provided its feedback to the Task Force in the approach to the ITC, which is expected to be approved in September and issued in the fall. The Board also considered options for accelerating the project and the related risks and reprioritized the work related to the project and provided direction to streamline the process.

Review the executive summary on the PSAB's Web site.

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