Finance AI Skill

Pension Benefits Accounting

Account for defined benefit pension plans, defined contribution plans, post-retirement benefits, and other employee benefit obligations under ASC 715 / IAS 19. Calculate net periodic benefit cost, actuarial assumptions, funded status, and disclose plan information. Use when accounting for pension obligations, calculating PBO/APO, determining actuarial gains/losses, preparing benefit disclosures, or managing multiemployer plan obligations. Triggers on phrases like "pension accounting", "defined benefit", "PBO", "AOL", "net periodic benefit cost", "actuarial assumptions", "discount rate", "funded status", "OCI amortization", "SETCOR", "post-retirement benefits", "OPEB", "multiemployer plan", "pension disclosure".