IAS 19 — Multiemployer plan exemption


If a multi-employer plan is a defined benefit plan but the employer does not have sufficient information to account for it as such, IAS 19.30 allows accounting as if the plan were a defined contribution plan, with disclosures. IFRIC is considering whether further guidance should be provided in applying the exemption criteria.

The IFRIC discussed two issues:

  • How to define a multi-employer plan that meets the exemption in IAS 19.30
  • If the plan does not meet the exemption, how it should apply defined benefit-plan accounting.


Current status of the project

After issuing a Draft Interpretation, the IFRIC did not finalise an Interpretation on this matter.  Instead, the issues became part of of the amendments to IAS 19 Employee Benefits (1998) issued in December 2004.


Project milestones

6 May 2004 Draft Interpretation D6 Multi-employer Plans published Comment deadline 9 July 2004
16 December 2004 Amendments to IAS 19 Employee Benefits issued Effective for annual periods beginning on or after 1 January 2006.

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