International GAAP 2012: Generally Accepted Accounting Practice under International Financial Reporting Standards

Chapter 33

Employee benefits

1 Introduction

2 Objective and Scope of IAS 19

2.1 Objective

2.2 Scope

2.2.1 General scope requirements of IAS 19

2.2.2 Employee benefits settled by a shareholder or another group entity.

3 Pensions and Other Post-Employment Benefits – Defined Contribution and Defined Benefit Plans

3.1 The distinction between defined contribution plans and defined benefit plans

3.2 Insured benefits

3.3 Multi-employer plans

3.3.1 Multi-employer plans other than those sharing risks between entities under common control

3.3.1.A The treatment of multi-employer plans

3.3.1.B What to do when ‘sufficient information’ becomes available

3.3.2 Multi-employer plans sharing risks between entities under common control

3.4 State plans

3.5 Plans that would be defined contribution plans but for the existence of a minimum return guarantee

3.6 Death-in-service benefits

4 Defined Contribution Plans

4.1 Accounting requirements

4.1.1 General

4.1.2 Defined contribution plans with vesting conditions

5 Defined Benefit Plans

5.1 General

5.2 Valuation of the plan surplus or deficit

5.2.1 Plan assets

5.2.1.A Definition of plan assets

5.2.1.B Measurement of plan assets

5.2.1.C Contributions to defined benefit funds

5.2.2 Plan liabilities

5.2.2.A Legal and constructive obligations

5.2.2.B Actuarial methodology

5.2.2.C Attributing benefit to years of service

5.2.2.D Actuarial assumptions

5.2.2.E Discount rate

5.2.2.F Frequency of valuations

5.3 Balance sheet treatment of the plan surplus or deficit ...