IAS 19 — Undiscounted vested employee benefits

Date recorded:


The IFRIC considered issuing guidance on whether vested benefits that are payable when an employee left service could be recognised at an undiscounted amount (ie the amount that would be payable if all employees left the entity at the balance sheet date).


Decision not to add

April 2002



The IFRIC agreed to not issue an interpretation on this matter because the answer is clear under IAS 19 Employee Benefits. IAS 19 states that the measurement of the liability for the vested benefits must reflect the expected date of employees leaving service, and that the liability is discounted to a present value.


IFRIC reference: IAS 19

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