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 ?
When the time comes to divide pension liabilities and plan assets, a process called a spinoff, the basis for determining the amount of assets can be the most bitterly contested section of the sale agreement.
Laws concerning pension liabilities apply to an employee and either a shareholder, officer or plan administrator.
Securities and Exchange Commission, does not consider two recent multi-notch downgrades affecting healthcare issuers in South Carolina, driven by extraordinarily large net pension liabilities, harbingers of wide-ranging rating actions in the healthcare sector or other sectors, including higher education.
Information notice: This market research intends to identify system solutions available in the market for calculating pension liabilities, premiums and reserves.
A combination of relatively healthy investment returns of about 3.5 per cent over the year, billions of pounds being pumped into pension schemes by employers and the falling price of corporate bonds which are used to measure company pension liabilities are responsible for the surplus, said Deloitte.
Although most of the requirements of Statement 87 were effective for fiscal years beginning after December 15, 1986 (and many companies adopted early), the statement's transition provisions permitted a minimum two-year delay in the effective date for the following reasons: * Recognition by employers of additional pension liabilities on the balance sheet in situations where pension plans are not fully funded.
New York: Fitch Ratings does not consider two recent multi-notch downgrades affecting healthcare issuers in South Carolina, driven by extraordinarily large net pension liabilities, harbingers of wide-ranging rating actions in the healthcare sector or other sectors, including higher education.
Pension liabilities of more than Au1 billion against longevity risk has been gained by Pacific Life, while Prudential took on more than Au1.2 billion.
He said: "It is another significant step in the development of the secondary market for pension liabilities. Post-acquisition, it looks like the pension liabilities and assets will be separated from the operating business."
Under the revised criteria, Fitch assesses the leverage of hospitals and health systems including leases and net pension liabilities. The 'BB-' rating takes into account language in the 2012 state Act that established UH, in which the state recognized the essentiality of the services UH provides and the need to fund those services.
Mortality assumptions reflect a company's "best estimate", required under accounting guidelines, to determine the fair value of its pension liabilities As KPMG points out, there will always be a range of opinion as to how best to predict the same thing - in this case, an individual's lifetime.