Deloitte comment letter on tentative agenda decision on IAS 19 — Longevity swaps

Published on: 20 Jan, 2015

We have commented on the IFRS Interpretations Committee's publication in the November IFRIC Update of the tentative decision not to take onto the Committee's agenda a request for guidance on the measurement of a longevity swap held under an entity's defined benefit plan.

We agree with the IFRS Interpretations Committee’s decision not to add this item onto its agenda for the reasons set out in the tentative agenda decision. However, we recommend that the tentative agenda decision also state that the requirements of paragraph 115 of IAS 19 only apply to a plan asset that meets the definition of a qualifying insurance policy.

Download the full comment letter below.


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