View source for CAS 412 - Composition and Measurement of Pension Cost

==9904.412   Cost Accounting Standard for Composition and Measurement of Pension Post<ref>e-CFR Data is current as of March 7, 2014; website  http://www.ecfr.gov/cgi-bin/text-idx?SID=e356624ce480daa1105887d4e6b55122&node=48:7.0.11.26.5.0.1.112&rgn=div8</ref>==

==9904.412-20   Purpose==
(a) The purpose of this Standard 9904.412 is to '''provide guidance for determining and measuring the components of pension cost'''. The Standard establishes the basis on which pension costs shall be assigned to cost accounting periods. The provisions of this Cost Accounting Standard should enhance uniformity and consistency in accounting for pension costs and thereby increase the probability that those costs are properly allocated to cost objectives.

(b) This Standard does not cover the cost of Employee Stock Ownership Plans (ESOPs) that meet the definition of a pension plan. Such plans are considered a form of deferred compensation and are covered under 9904.415

==Definitions==
[[Accrued Benefit Cost Method]]

[[Actuarial Accrued Liability]]

[[Actuarial Assumption]]

[[Actuarial Cost Method]]

[[Actuarial Gain and Loss]]

[[Actuarial Valuation]]

[[Assignable Cost Credit]]

[[Assignable Cost Deficit]]

[[Assignable Cost Limitation]]

[[Defined-Benefit Pension Plan]]

[[Defined-Contribution Pension Plan]]

[[Funded Pension Cost]]


==References==
<References/>

[[Category:CAS 412 - Pension Costs]]