# ASC 310-960-25: Receivables — Plan Accounting—Defined Benefit Pension Plans — 25 Recognition Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/310/960/#25-recognition) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:32:45.897Z to 2026-09-09T23:32:45.897Z Record version: sha256:4d068b95d66e0b6c058dc68c76f747cc7f5a3fe150f8c0a06643fab0cae75c69 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-960-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/310/960/#25-recognition) SEC content: no #### Contributions Receivable ##### [310-960-25-1](https://asc.understandingaccounting.org/asc/310/960/#310-960-25-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:32:45.897Z to 2026-09-09T23:32:45.897Z Record version: sha256:d085911f5f2f8e9b5c5895811dfa20699f2d84572dfce68825fb536c9984c87c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Contributions receivable are the amounts due as of the [reporting date](https://asc.understandingaccounting.org/glossary/r/#reporting-date "The date as of which information regarding the net assets available for benefits is presented.") 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). ##### [310-960-25-2](https://asc.understandingaccounting.org/asc/310/960/#310-960-25-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:32:45.897Z to 2026-09-09T23:32:45.897Z Record version: sha256:6fecf08078f15b286216e214a79c830e97108d1cbefa1bd821f2a0eab4104167 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/glossary/f/#funding-policy "The program regarding the amounts and timing of contributions by the employers, plan participants, and any other sources (for example, state subsidies or federal grants) to provide the benefits a pension plan or other postretirement benefit plan specifies.") 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. ##### [310-960-25-3](https://asc.understandingaccounting.org/asc/310/960/#310-960-25-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:32:45.897Z to 2026-09-09T23:32:45.897Z Record version: sha256:0ca6d4ecc2232d578c180e7bb1c080d28c689d950bb39cbcc709760527709b8b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. ##### [310-960-25-3A](https://asc.understandingaccounting.org/asc/310/960/#310-960-25-3A) Pending content: no Source downloaded (UTC): 2026-09-09T23:32:45.897Z to 2026-09-09T23:32:45.897Z Record version: sha256:49eb3c71e98c19d176b0cee6566b2c72a7f5e7d0b610ba82feb89d6b0ed21da6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. #### Unfunded Prior Service Costs ##### [310-960-25-4](https://asc.understandingaccounting.org/asc/310/960/#310-960-25-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:32:45.897Z to 2026-09-09T23:32:45.897Z Record version: sha256:a17d4c79d51b9160dd528e253f62c08019a90442564b1c63017e3a675dbb7643 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Unfunded [prior service costs](https://asc.understandingaccounting.org/glossary/p/#prior-service-costs "See Supplemental Actuarial Value.") 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](https://asc.understandingaccounting.org/glossary/s/#service "Employment taken into consideration under a pension plan. Years of employment before the inception of a plan constitute an employee's past service; years thereafter are classified in relation to the particular actuarial valuation being made or discussed. Years of employment (including past service) before the date of a particular valuation constitute prior service; years of employment following the date of the valuation constitute future service; a year of employment adjacent to the date of valuation, or in which such date falls, constitutes current 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](https://asc.understandingaccounting.org/glossary/a/#actuarial-present-value-of-accumulated-plan-benefits "The amount as of a benefit information date that results from applying actuarial assumptions to the benefit amounts determined pursuant to paragraphs 960-20-25-3960-20-25-4960-20-25-5 (that is, the accumulated plan benefits), with the actuarial assumptions being used to adjust those amounts to reflect the time value of money (through discounts for interest) and the probability of payment (by means of decrements such as for death, disability, withdrawal, or retirement) between the benefit information date and the expected date of payment.") over the [net assets available for benefits](https://asc.understandingaccounting.org/glossary/n/#net-assets-available-for-benefits "The difference between a plan's assets and its liabilities. For purposes of this definition, a plan's liabilities do not include participants' accumulated plan 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.