Related Discussions

• Pension Benefits that Depend on asset Returns – International Accounting Standards Board

• Dec 14, 2020

• At its meeting on December 14-16, 2020, the IASB met to discuss illustrative examples of applying the capped approach to pension benefits that vary with asset returns. The approach would cap the projection of the cash flows that vary with asset returns at the discount rate specified in IAS 19 Employee Benefits. The Board discussed how the capped approach would affect the outcome of applying the requirements in IAS 19. The Board was not asked to make any decisions. In February 2021 the Board expects to complete its review of the research and discuss an initial analysis of how the capped approach could be introduced into IAS 19.

• Pension Benefits that Depend on Asset Returns – International Accounting Standards Board

• Jan 30, 2020

• At its meeting on January 30, 2020, the IASB heard an update on the project including its background, a description of the ‘capped’ ultimate costs adjustment model and the project’s next steps. The Board was not asked for a decision. At a future meeting, the IASB staff will present the Board with illustrative examples to compare the accounting outcome under the existing requirements and under the ‘capped’ ultimate costs adjustment model.

• Pension Benefits that Depend on Asset Returns – International Accounting Standards Board

• May 17, 2018

• At its meeting on May 17-19, 2018, the Board decided to gather evidence to help decide whether to start a project to develop proposals for targeted amendments to the requirements for defined benefit plans in IAS 19, Employee Benefits.