IAS 19

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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June 5, 2024 at 8:18 pm #706773
adarsh1997
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Hello

A gain or loss on settlement arises. How actually does this gain or loss arises?
The gain or loss on settlement is the difference between the FV of the assets paid out and the reduction in the PV of the defined benefit obligation. What does this mean?

Thanks
June 6, 2024 at 7:05 am #706803
Stephen Widberg
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You are a pensioner. I am a big bad employer.

The plan owes you 100 (but the jargon is so complex that you don’t really understand it).

The employer gives you 90 to go away.

Gain of 10 arises.

🙁
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