Every year, companies must establish an expense for their defined benefit pension plans.
In June 2011, the International Accounting standard Board (IASB) published a new IAS19 standard on Employee benefits.
The Accounting Standard Board (AcSB) recently indicated that it is reviewing pension and benefit accounting for private enterprises (CICA Handbook, Part II, Section 3461).
Every data point suggests that benefit costs will continue to rise at a rapid rate.
Many pension plan surveys report on what plans are expecting to do with their assets over the next few years.