Accumulated Benefit Obligation

Also found in: Dictionary/thesaurus, Acronyms, Wikipedia

0.01 sec.

Accumulated Benefit Obligation (ABO)

An approximate measure of the liability of a pension plan in the event of a termination at the date the calculation is performed. Related: Projected benefit obligation.

The present value of the future liability of an employee's pension, assuming that the employee is fired or retires on the date the calculation is performed. For example, the accumulated benefit obligation is what the pension fund must pay the employee should the employer make no further contributions and the employee retires immediately. The accumulated benefit obligation therefore assumes that the employee will make no further contributions to the pension plan. See also: Projected Benefit Obligation.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
ABO Projected Benefit Obligation			If a plan's accumulated benefit obligation exceeded the fair market value of assets, there may have been additional reporting requirements relating to these contingent obligations. New Accounting Standards impact financial statements by Daisy, Bill / Financial Executive Disclosures about pension plans as well as other post-retirement benefits with assets exceeding the accumulated benefit obligation may be aggregated with disclosures about pension plans as well as other post-retirement benefits with accumulated benefit obligations exceeding assets. SFAS 132 by Bloom, Robert / The National Public Accountant However, since nonqualified plans generally do not have plan assets, the accumulated benefit obligation and fair value of assets may need to be shown separately (see "Employers With Two or More Plans"). FASB 132: what companies must disclose by Andrzejewski, Chet / Journal of Accountancy			Accrual Accounting Convention Accrual Basis Accrual Bond accrual method Accrual Method of Accounting Accrual of Obligation Accrual Rate Accruals accrue Accrued Assets Accrued Benefit Cost Method Accrued Benefits accrued but unpaid accrued depreciation Accrued Discount Accrued Dividend Accrued Expense Accrued Income Accrued Income Scheme accrued interest Accrued Market Discount Accrued Taxes Acculturation Accumulate Accumulated Amount Accumulated Benefit Obligation Accumulated Depletion accumulated depreciation accumulated dividend Accumulated Earnings Tax Accumulated Other Comprehensive Income Accumulated Profits Tax Accumulation Accumulation Area Accumulation Benefits Accumulation Period Accumulation Plan Accumulation Trust Accumulation Unit Accumulation Unit Value Accumulation/Distribution Line Accuracy Acelerador financiero Aceptacion bancaria Aceptacion condicional ACES Acetate Acetate Proof ACH Acheter Acheteur			acculturative acculturative acculturative Accumb Accumbency accumbent accumbent Accumber Accumold Elite Belt Keepers accumulable accumulable accumulable accumulare accumulare accumulare accumulate accumulate accumulate accumulate accumulate accumulate Accumulate-Based Coding Accumulate-Repeat-Accumulate accumulated accumulated accumulated Accumulated Adjustments Account Accumulated Amortization Accumulated Amount Accumulated Amounts Accumulated Benefit Obligation Accumulated Benefit Obligations Accumulated Call Meter Accumulated Campaign Service Medal Accumulated Cell Time Accumulated Day Off Accumulated Deferred Federal Income Taxes Accumulated Deferred Investment Tax Credits Accumulated Degree Days Accumulated Delta Range Accumulated Depletion Accumulated Deployed Time Accumulated Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated Depreciation Accumulated Depreciation accumulated discrepancy accumulated divergence Accumulated dividend Accumulated Dividends accumulated dose accumulated dose equivalent Accumulated Earnings and Profits Accumulated Earnings Tax Accumulated Earnings Tax Accumulated Earnings Taxes Accumulated Earnings Taxes Accumulated Freezing Degree Day Accumulated Funds Used During Construction

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.