IAS 19Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 19This topic has 1 reply, 2 voices, and was last updated 5 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts January 5, 2019 at 12:59 pm #500077 gangsta1MemberTopics: 75Replies: 10☆☆Defined Benefits PlanHey Sir, can you give me a practical example of a “Settlement” under the above mentioned plan. January 6, 2019 at 7:38 pm #500213 P2-D2KeymasterTopics: 4Replies: 6898☆☆☆☆☆Hi,It is when the employees receives a cash payment that then means they lose their rights to the defined benefits. So if the DB plan is being closed down then the employee will receive a cash payment to compensate them for the closure.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In