2008-11-26 How the Credit Crunch Affects an Employer’s Accounting for and Disclosure of its Defined Benefit Pension Plans

This Newsletter discusses the impact of the credit crunch on an employer’s accounting for and disclosure of its defined benefit pension plans under Canadian GAAP.

In this memorandum, we discuss the impact of the credit crunch on an employer’s accounting for and disclosure of its defined benefit pension plans under Canadian GAAP. A defined benefit plan is one where an employee receives fixed or determinable pension benefits from the employer. As such the employer retains the investment and actuarial risks associated with the plan.

	How the Credit Crunch Affects an Employer’s Accounting for and Disclosure of its Defined Benefit Pension Plans (450 KB) Download the full PDF report.