IASB March 2008
14 March 2008
The Board discussed a sweep issue on the definition of contribution-based promises arising from the review of the ballot draft of the discussion paper on Amendments to IAS 19.
IASB February 2008
21 February 2008
The Board discussed some sweep issues on the measurement of the liability for contribution-based promises arising from the review of a draft of the Discussion Paper on Amendments to IAS 19. The Board decided to describe the measurement attribute for contribution-based promises as fair value assuming the terms of the benefit promise do not change.
IASB December 2007
14 December 2007
The Board discussed sweep issues arising from its review of a draft of its discussion paper on post-employment benefits.
IASB October 2007
16 October 2007
The Board continued its discussion of the definitions of benefit promises. The Board tentatively decided that the distinction between benefit promises should be based on the nature of the benefit promise in the accumulation phase only, and that classification should not be affected by longevity risk. The Board noted that the effect of longevity risk would be included in the measurement of the employer’s liability for such promises whatever the classification of the benefit promise.
IASB September 2007
19 September 2007
The Board continued its discussion of the definitions of benefit promises. The staff proposed the following definitions:
A defined return promise is a post-employment benefit accumulated through a contribution amount which, for any given period, can be expressed independently of the salary that will be earned after the end of that period. For some defined return promises the entity may have an obligation for the promised return on the contribution amount. The promised return is a guaranteed f
IASB July 2007
19 July 2007
The Board continued its discussions of the definitions of benefit promises. The staff pointed out that the Board had previously tentatively decided that post-employment benefit plans are composed of defined benefit (DB), defined contribution (DC) and defined return (DR) benefit promises. The staff proposed the following definitions:
IASB June 2007
20 June 2007
The Board considered issues relating to defined return promises, and tentatively decided:
not to revisit the principle in IAS 19 Employee Benefits that unvested benefits give rise to a liability. Thus, unvested benefits arising from defined return promises would give rise to a liability in phase 1 of the post-employment benefits project.
IASB April 2007
17 April 2007
The Board continued its discussion of the presentation of components of post-employment defined benefit plans.