Pension liabilities

Pension liabilities

Future liabilities resulting from pension commitments made by a corporation. Accounting for pension liabilities varies widely by country.

Pension Liabilities

Future payouts that a pension is obligated to make. A pension run by a company that has a large number of workers nearing retirement has more liabilities than one run by a company with a smaller eligible workforce. Accounting for pension liabilities varies from country to country.
References in periodicals archive ?
In June, these pension plans experienced a $36 billion increase in funded status based on a $28 billion decrease in asset values and a $64 billion decrease in pension liabilities.
But, still JLT said there exist a "significant number" of FTSE 100 firms whose pension schemes signify "material risk" to the business, as Sainsbury's pension liabilities has outgrown its equity market value in the first quarter of this year by 13%.
A couple of months ago, Chicago's credit rating was cut by Moody's to a notch above Illinois's because of the Windy City's towering pension liabilities.
The company says the offer is being extended to retirees who represent about 15 percent of its pension liabilities; the company says its total pension liabilities totalled $1,987 million as of Dec.
The discount rate used to determine pension liabilities for funding purposes will continue to be the long-term expected rate of return on plan assets.
All colleges, local authorities and public sector bodies have pension liabilities within their accounts.
These papers focus on measuring the present value of public pension promises, examining the potential effects of different policy measures on the value of pension promises, and asking whether municipal bond markets have reacted to unfunded pension liabilities.
Bond yield movements varied, but the general movement was higher, resulting in higher discount rates and slightly lower pension liabilities.
While asset values have benefited, the market value of pension liabilities has grown even more.
The cash funding burden required to meet unfunded pension liabilities will likely be too large for Delta and Northwest to attract exit financing following a Chapter 11 reorganization.
The 'rights offering' includes a provision whereby Monsanto will not be obligated to support Solutia's tax-qualified pensions, eliminating the company's exposure to pension liabilities in the event of a subsequent Solutia re-organization.
The pension liabilities total approximately $200 million based on New Valley's actuarial and tax assumptions and approximately $265 million for financial reporting purposes.