Future Compensation

  • 1 Posts
  • 1 Sections
  • 1 Types
Definitions
Projected Benefit Obligation (PBO)
Projected Benefit Obligation Pension Plans Actuarial Present Value Employee Benefits Future Compensation Pension Accounting Financial Reporting
The actuarial present value as of a specific date of all benefits attributed by the pension benefit formula to employee service performed before that date. It is measured using assumptions as to future compensation levels if the pension benefit formula is based on those future salary levels (e.g., pay-related, final-pay).
Read more about Projected Benefit Obligation (PBO).

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.