# ASC 715-20-05: Compensation—Retirement Benefits — Defined Benefit Plans—General — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/715/20/#05-overview-and-background)

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## ASC 715-20-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/715/20/#05-overview-and-background)

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##### [715-20-05-1](https://asc.understandingaccounting.org/asc/715/20/#715-20-05-1)

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This Subtopic provides guidance on the disclosure and other accounting and reporting requirements related to single-employer defined benefit pension and other postretirement benefit plans.

1.  a
    
    [Subparagraph superseded by Accounting Standards Update No. 2017-07](https://asc.understandingaccounting.org/updates/asu-2017-07/).
    
2.  b
    
    [Subparagraph superseded by Accounting Standards Update No. 2017-07](https://asc.understandingaccounting.org/updates/asu-2017-07/).

##### [715-20-05-2](https://asc.understandingaccounting.org/asc/715/20/#715-20-05-2)

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This Subtopic addresses:

1.  a
    
    The content and organization of annual disclosures about defined benefit pension plans and other postretirement benefits
    
2.  b
    
    Disclosures required for interim-period financial reports.
    
3.  c
    
    Presentation matters about defined benefit pension and other postretirement benefit plans.

##### [715-20-05-3](https://asc.understandingaccounting.org/asc/715/20/#715-20-05-3)

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An employer that sponsors one or more defined benefit pension or other postretirement benefit plans is required to provide the information called for in Section 715-20-50 separately for pension plans and other postretirement benefit plans.