FAR 6 - Postretirement Benefits Other Than Pensions Flashcards

1
Q

What are examples of postretirement benefits other than pensions?

A

1) Health care insurance
2) Day care
3) Legal Services

ETC.

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2
Q

What is the accrual requirement of postretirement benefits?

A

If you have a liability, and can reasonably estimate then you have to accrue it.

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