Postretirement Benefits Flashcards
1
Q
Post retirement benefits (i.e. health care, dental, etc) is similar to pensions, except:
A
In substance it is the same, except you add one component to the five:
1) Primary thing we measure Accumulated Post-retirement benefit obligation. The ABPO is a fraction of the EPBO (Expected postretirement benefit obligation) and compare it to the plan assets.
2
Q
Transition obligation
A
if you are given a transition obligation, take that number and divide it by the number of years given
