Pensions Flashcards
1
Q
What is the attribution period for post retirement health benefits?
A
The attribution period for accruing the expected postretirement health care benefit obligation begins with the date of hire and ends at the full eligibility date.
EX: If someone is hired when they are 48, and it requires 10 years of service to be eligible for benefits, accrual happens from their date of service for 10 years.