Wiley Not-for-Profit GAAP 2019

25ACCOUNTING FOR PENSIONS AND POSTRETIREMENT BENEFITS

• Perspective and Issues
  • Pension Plans
  • Postemployment Benefits Other Than Pensions
  • Disclosure Standards
• Definitions of Terms
• Concepts, Rules, and Examples
  • Net Periodic Pension Cost
    • Service costs
    • Interest cost on projected benefit obligation
    • Actual return on plan assets
    • Gain or loss
    • Amortization of unrecognized prior service cost
    • Amortization of unrecognized amount at date of initial SFAS 87 application
    • Summary of Net Periodic Pension Costs
• Accounting Requirements of FASB ASC 715-20
  • Recognition of the Funded Status of a Single-Employer Defined Benefit Postretirement Plan
  • Measurement Date of Plan Assets and Benefit Obligations
  • Disclosure Requirements
  • Other Pension Considerations
    • Non-US pension arrangements
    • Business combinations
  • Plan Settlements and Curtailments
    • Settlements
    • Curtailments
    • Termination benefits
    • Segment disposal
    • Disclosures
  • Postretirement Benefits Other Than Pensions (OPEB)
  • Accounting for Postretirement Benefits
    • Assumptions
    • FASB ASC 712-10
    • Deferred compensation contracts
• Disclosure Requirements
  • Full Disclosures
  • Multiemployer Plans That Provide Pension Benefits
  • Multiemployer Plans That Provide Postretirement Benefits Other Than Pensions
  • Employers with Two or More Plans
  • Reduced Disclosure Requirements for Nonpublic Entities
    • Defined contribution plans
    • Multiemployer plans

PERSPECTIVE AND ISSUES

FASB ASC 715-20 provides guidance for how not-for-profit organizations account for single-employer defined ...