Accrued liability

the excess of the present value, as of a particular valuation date of a pension plan, of the projected future benefit costs and administrative expenses for all plan participants and beneficiaries over the present value of future contributions for the normal cost of all applicable plan participants and beneficiaries. The Secretary of the Treasury may prescribe regulations to carry out this paragraph.

edit 

About WikiMD

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
This WikiMD article Accrued liability is a stub.
If you are a subject matter expert or authority on Accrued liability, you can help us.
About | Mission | Paid editors welcome. WikiMD needs you!