- prior service liability
- фин., страх., эк. тр. = past service liability
Англо-русский экономический словарь.
Англо-русский экономический словарь.
prior service costs — Costs that arise from amendments to defined benefit pension plans that retroactively increase benefits. In rare cases, retroactive amendments that decrease benefits can create negative prior service costs. Under FAS 87 rules, these costs are not… … Financial and business terms
unrecognized prior service costs — The current unamortized balance, as of the financial statement date, of the off balance sheet liability for prior service costs in a defined benefit pension plan. FAS 87 requires that this amount be disclosed in a footnote to the financial… … Financial and business terms
minimum pension liability in excess of unrecognized prior service costs — See unfunded pension losses … Financial and business terms
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