PwC analyzed 100 companies, comprising Fortune 100 and other large and established companies, with a December 31 fiscal year-end. We reviewed the public annual reports for the companies selected — specifically financial information regarding pension and other postretirement benefit (OPEB) plans. This year we included analysis on companies early adopting Accounting Standards Update 2018-14, Disclosure Framework – Changes to the Disclosure Requirements for Defined Benefit Plans (ASU 2018-14), which updates required disclosures under ASC 715, and disclosures about the impact from COVID-19 on pension and OPEB plans in the first quarter 2020 reporting.
Get the details in our 2020 Pension/OPEB 2020 Assumption and Disclosure Study.
Workforce of the Future, HR Transformation Leader, PwC US
Workforce of the Future, Rewards and Well-Being Leader, PwC US