why participate contribution is “ADDED” on both of liability and asset and benefit paid is “SUBTRACTED” on both of liability and asset? Thanks.
when you pay some benefits the cash goes down and you owe less to employees also when they contribute the cash goes up and you owe more in the future so liability goes up
why employer contribution only show up on the asset side only? THanks. florinpop Wrote: ------------------------------------------------------- > when you pay some benefits the cash goes down and > you owe less to employees > also when they contribute the cash goes up and you > owe more in the future so liability goes up
If the employer makes a instalment then I thought employer contributions were also subtracted from the PBO which would decrease Liabilities.
they refer to the contribution of employee. at least that is what I think
according to srcret source, empolyee contribution does not show up in PBO calculation: BG PBO +severice cost +interest cost +/-actuarial G/L +/-prior service cost -benefits paid =End PBO