{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/310/960/#25-recognition","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"310","topic_title":"Receivables","subtopic":"310-960","subtopic_title":"Plan Accounting—Defined Benefit Pension Plans","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"Contributions Receivable","paragraphs":[{"citation":"310-960-25-1","para":"25-1","html":"
Contributions receivable are the amounts due as of the reporting date to the plan from any of the following:
  1. a
    Employer(s)
  2. b
    Participants
  3. c
    Other sources of funding (for example, state subsidies or federal grants—which shall be separately identified).
","snippet":"Contributions receivable are the amounts due as of the reporting date to the plan from any of the following:\n(a) Employer(s)\n(b) Participants\n(c) Other sources of funding (for example, state subsidies or federal grants—w…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d085911f5f2f8e9b5c5895811dfa20699f2d84572dfce68825fb536c9984c87c","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}},{"citation":"310-960-25-2","para":"25-2","html":"
Amounts due include those pursuant to formal commitments as well as legal or contractual requirements. With respect to an employer's contributions, evidence of a formal commitment may include any of the following:
  1. a
    A resolution by the employer's governing body approving a specified contribution
  2. b
    A consistent pattern of making payments after the plan's year-end pursuant to an established funding policy that attributes such subsequent payments to the preceding plan year
  3. c
    A deduction of a contribution for federal tax purposes for periods ending on or before the reporting date
  4. d
    The employer's recognition as of the reporting date of a contribution payable to the plan. The existence of accrued pension costs does not, by itself, provide sufficient support for recognition of a contribution receivable. For various reasons, amounts recorded as accrued pension costs by an employer may differ from amounts formally committed to the plan. For example, the method used for measurement of periodic pension costs for the employer's financial statements may differ from the method used for determining the amount and incidence of employer contributions.
","snippet":"Amounts due include those pursuant to formal commitments as well as legal or contractual requirements. With respect to an employer's contributions, evidence of a formal commitment may include any of the following:\n(a) A …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6fecf08078f15b286216e214a79c830e97108d1cbefa1bd821f2a0eab4104167","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}},{"citation":"310-960-25-3","para":"25-3","html":"
Funds from sources such as federal revenue-sharing programs that are used for plan funding purposes at the employer's discretion are, in effect, employer contributions and shall be reported as such. Receipt of formally committed amounts soon after the plan's year-end provides additional evidence of the existence of a receivable at year-end. An adequate allowance shall be provided for estimated uncollectible amounts.
","snippet":"Funds from sources such as federal revenue-sharing programs that are used for plan funding purposes at the employer's discretion are, in effect, employer contributions and shall be reported as such. Receipt of formally c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0ca6d4ecc2232d578c180e7bb1c080d28c689d950bb39cbcc709760527709b8b","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}},{"citation":"310-960-25-3A","para":"25-3A","html":"
A multiemployer plan may also have a receivable for a withdrawing employer's share of the plan's unfunded liability. The plan should record the receivable, net of any allowance for an amount deemed uncollectible, when entitlement has been determined.
","snippet":"A multiemployer plan may also have a receivable for a withdrawing employer's share of the plan's unfunded liability. The plan should record the receivable, net of any allowance for an amount deemed uncollectible, when en…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49eb3c71e98c19d176b0cee6566b2c72a7f5e7d0b610ba82feb89d6b0ed21da6","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:929114e753f7627e8c09b5cc2d324b99125379958138e93e2e281b576277dd96","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}},{"block":null,"heading":"Unfunded Prior Service Costs","paragraphs":[{"citation":"310-960-25-4","para":"25-4","html":"
Unfunded prior service costs are not receivables of the plan because at the reporting date those amounts are not due from the employer(s). The employer(s) may or may not intend to eventually contribute amounts sufficient to eliminate the unfunded prior service costs. Until such payments are formally committed to the plan, unfunded prior service costs do not constitute a recordable resource of the plan. For similar reasons, any existing excess of the actuarial present value of accumulated plan benefits over the net assets available for benefits (excluding contributions receivable) is not a plan asset unless at the reporting date that amount is legally, contractually, or pursuant to a formal commitment due the plan.
","snippet":"Unfunded prior service costs are not receivables of the plan because at the reporting date those amounts are not due from the employer(s). The employer(s) may or may not intend to eventually contribute amounts sufficient…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a17d4c79d51b9160dd528e253f62c08019a90442564b1c63017e3a675dbb7643","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9666e9ec4e09179aa577409572480d8bb2ff8586356b7d41c91b9c24703b9436","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4d068b95d66e0b6c058dc68c76f747cc7f5a3fe150f8c0a06643fab0cae75c69","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4d068b95d66e0b6c058dc68c76f747cc7f5a3fe150f8c0a06643fab0cae75c69","downloaded_from":"2026-09-09T23:32:45.897Z","last_downloaded_at":"2026-09-09T23:32:45.897Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479132","source_sha256":"80883d7ddc78d3fcfa29aa6f7fe449c96cd886c59a7abfe5f2f460bda6f73c63"}}