Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

post-employment benefits based on final salary

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
May 19, 2021 at 6:16 am #620999
Noah098
Member
- Topics: 935
- Replies: 352
sir if the benefits payable are linked to final salaries then how does that create a potential plan deficit?
May 19, 2021 at 3:49 pm #621068
Stephen Widberg
Keymaster
- Topics: 12
- Replies: 2843
If liabilities of plan at any point time are less than its assets – i.e. if the company has not made enough contributions to the plan.
In pension questions, you are not the actuary, so all we have to do is copy the numbers into P&L, SFP or OCI
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.