Financial Reporting Alert 13-3, Financial reporting considerations related to pension and other postretirement benefits
Published on:
27 Nov 2013
This publication, which updates Financial Reporting Alert 12-6, highlights accounting considerations related to the calculations and disclosures entities provide under U.S. GAAP in connection with their defined benefit pension and other postretirement benefit plans. This update includes a discussion of private health care exchanges.
Contents
- Health Care Reform
- Affordable Care Act and Health Care and Education Reconciliation Act of 2010
- Employee Group Waiver Plans
- Private Health Care Exchanges
- Underlying Assumptions
- Discount Rate
- Discount Rate Selection Method
- Hypothetical Bond Portfolios — Bond Pricing
- Hypothetical Bond Portfolios — Bond Selection
- Hypothetical Bond Portfolios — Use of Collateralized Bonds
- Use of a Yield Curve Developed by a Third Party in Selecting a Discount Rate
- Use of Indices in Selecting a Discount Rate
- Other Postretirement Benefit Plans — Discount Rate and Health Care Cost Trend Rate
- Expected Long-Term Rate of Return
- Mortality Assumption
- Net Periodic Benefit Cost
- Changes to Accounting Policies for Gains and Losses and Market-Related Value of Plan Assets
- Measurement Date for Plan Assets and Benefit Obligations
- Measurement of Plan Assets
- Measurement of Benefit Obligations
- Curtailments
- Settlements
- Plan Sponsor Disclosures
- Fair Value Measurement Disclosures
- Entities With Foreign Plans
The full text of this Financial Reporting Alert can be downloaded via the link below.