# ASC 715-20-S55: Compensation—Retirement Benefits — Defined Benefit Plans—General — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/715/20/#sec-55-implementation-guidance-and-illustrations)

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## ASC 715-20-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/715/20/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

#### Selection of Discount Rate Used for Measuring Defined Benefit Pension Obligation and Obligations of Postretirement Plans Other Than Pensions

##### [715-20-S55-1](https://asc.understandingaccounting.org/asc/715/20/#715-20-S55-1)

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See paragraph [715-20-S99-1](https://asc.understandingaccounting.org/asc/715/20/#715-20-S99-1), SEC Staff Announcement: Selection of Discount Rate Used for Measuring Defined Benefit Obligation and Obligations of Postretirement Plans Other than Pensions, for SEC Staff views on the selection of discount rates used for measuring defined benefit pension obligations and obligations of postretirement benefit plans other than pensions.