The proposals in the ED would amend the accounting for defined benefit plans through which some employers provide long-term employee benefits, such as pensions and post-employment medical care. In defined benefit plans, employers bear the risk of increases in costs and of possible poor investment performance. The ED proposes improvements to the recognition, presentation, and disclosure of defined benefit plans.
The working group meeting will be open to observers. For more details about the meeting and how to register as an observer see the IASB's website.