Projected benefit obligation

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Projected benefit obligation (PBO)

A measure of a pension plan's liability at the calculation date assuming that the plan is ongoing and will not terminate in the foreseeable future. Related: Accumulated benefit obligation.

Projected Benefit Obligation

An estimate of the present value of the future liability of an employee's pension. The projected benefit obligation assumes that the employee will continue to work and make contributions to the pension plan. It also assumes that contributions will increase as the employee's salary also increases. See also: Accumulated benefit obligation.
References in periodicals archive ?
It is currently anticipated that legislation will be introduced before the end of the year, with the intention that the PBO be operational from 1 July 2021.
accountability requires that policymakers hold the PBO and its COO to
There was no significant difference between Gaziantep and Antalya strains in terms of KDT50 values in the combinations of active substances with PBO at 1:0.125 and 1:0.25 ratios.
Table A shows that the PBO liability is initially higher than the ABO liability and that they become equal at retirement.
The PBO wrote again to the Clerk on 5 September, 2012, with new deadlines for the remaining federal organizations to provide the requested information.
On the other hand, when the pension gain or loss is recognized in a timelier manner under the MTM approach, the reported earnings would be subject to more volatility, due to the unpredictable changes in the value of pension assets or PBO. Along with the adoption of the MTM approach, prior-period financial statements would also be retrospectively adjusted in accordance with the requirements for changing accounting methods.
Also on Saturdays, two films from your favorite movie star or genre are shown on "PBO Back2Back" from 1:30-5:30 p.m.
This study exhibits that indium ions have an acidic character and inhibit the nucleation and the growth of PbO which is stable only in alkaline medium [24].
Moreover, the borate glass alone may not be suitable for gamma ray shielding; therefore borate glasses containing PbO and NiO are suitable glass shielding materials for gamma ray and neutron.
The subjects demonstrated a significantly (P<0.05) higher VT during CAFF (35.08 mL x [kg.sup.-1] x [min.sup.-1] [+ or -] 5.7) when compared to PBO (29.06 mL x [kg.sup.-1] x [min.sup.-1] [+ or -] 2.3) as revealed by a Tukey Post Hoc analysis (Figure 1).
Windsor who has sent a letter of appeal, added: "It is sanctioned by the PBO but the UK Anti-Doping are looking over it now so I am waiting for the appeal by post.
Synergistic action of the piperonyl butoxide (PBO) on the spinosad resistant colony: The piperonyl butoxide PBO concentration was always 100 ppm.