Category: Osmania University B.com Notes

A defined contribution plan is a common workplace retirement plan in which an employee contributes money and the employer typically…

A defined-benefit plan is an employer-sponsored retirement plan where employee benefits are computed using a formula that considers several factors,…

Net periodic pension cost is the cost of a pension plan for a reporting period, as stated in an employer’s…

Other post-employment benefits (OPEB) are the benefits, other than pension distributions, that employees may begin to receive from their employer…

A projected benefit obligation (PBO) is an actuarial measurement of what a company will need at the present time to…

The assets of company pension plan also represent an important store of cash generating wealth, which under IAS 19 Employee…