IAS 19 — Calculation of discount rates
Date recorded:
Issue
The IFRIC considered addressing how to determine the discount rate to be used in measuring a defined benefit liability under IAS 19 Employee Benefits when there is no deep market in high quality corporate bonds, and the terms of government bonds are much shorter than the benefit obligations.
Decision not to add
February 2002
Reason
The IFRIC agreed to not take this issue onto its agenda because IAS 19 provides sufficient guidance.
IFRIC reference: IAS 19
