{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/715/60/#15-scope-and-scope-exceptions","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":"715","topic_title":"Compensation—Retirement Benefits","subtopic":"715-60","subtopic_title":"Defined Benefit Plans—Other Postretirement","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"715-60-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 715-10-15, with specific qualifications and exceptions noted below.
","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 715-10-15, with specific qualifications and exceptions noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9959ee9627f742890c8b279f01dfc7e6697ceacb9fbded04b82da81b17073c72","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-2","para":"15-2","html":"
The General Subsection of this Section establishes the pervasive scope of this Subtopic, with specific exceptions noted in the other Subsections of this Section.
","snippet":"The General Subsection of this Section establishes the pervasive scope of this Subtopic, with specific exceptions noted in the other Subsections of this Section.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ebe7e7ff45c3d1092f80486c4057ddf5a16b6bbceeaefed8bcf5b7c380e561d8","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b095611c9361ae476b541fec0d6ec2e94d4a817a54430ba3f8b5d29ce17c21e7","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"715-60-15-3","para":"15-3","html":"
The guidance in the General Subsections applies to the following plans and benefits:
  1. a
    A single-employer plan that defines the postretirement benefits to be provided to retirees. This includes postretirement benefits expected to be provided by an employer to current and former employees (including retirees, disabled employees, and other former employees who are expected to receive postretirement benefits), their beneficiaries, and covered dependents, pursuant to the terms of an employer's undertaking to provide those benefits.
","snippet":"The guidance in the General Subsections applies to the following plans and benefits:\n(a) A single-employer plan that defines the postretirement benefits to be provided to retirees. This includes postretirement benefits e…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:42d471441cf8c011dbe55ab6d9b027e96243ebaf32ccdd2d0750f7d7729ef1ec","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-4","para":"15-4","html":"
Other postretirement benefits include, but are not limited to, postretirement health care; life insurance provided outside a pension plan to retirees; and other welfare benefits such as tuition assistance, day care, legal services, and housing subsidies provided after retirement. Often those benefits are in the form of a reimbursement to plan participants or direct payment to providers for the cost of specified services as the need for those services arises, but they may also include benefits payable as a lump sum, such as death benefits. Much of the guidance in this Subtopic focuses on postretirement health care plans. Nevertheless, this Subtopic applies equally to all postretirement benefits other than pensions.
","snippet":"Other postretirement benefits include, but are not limited to, postretirement health care; life insurance provided outside a pension plan to retirees; and other welfare benefits such as tuition assistance, day care, lega…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:596f63b2fd606199ebae7a0f7d5b11cde818d7430a2a35ab38736d6e7538c4e1","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-5","para":"15-5","html":"
The guidance in the General Subsections applies to health and other welfare benefits expected to be provided to disabled employees, whether in cash or in kind, for example, disability medical benefits. For example, the provisions of the postretirement health care plan may provide postretirement health care coverage after a disabled employee attains a specified number of years of credited service (which may include credit for periods after the employee is disabled), with a separate disability plan that provides health benefits before that date. Or, the postretirement health care plan may have special provisions for disabled employees that entitle them to benefit coverage under the postretirement benefit plan at a date earlier than that coverage would commence for other employees who are not disabled.
","snippet":"The guidance in the General Subsections applies to health and other welfare benefits expected to be provided to disabled employees, whether in cash or in kind, for example, disability medical benefits. For example, the p…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8fc2c466641ff57044998d5dd46217feb14ad4916c8973f03a743c4274c85754","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-6","para":"15-6","html":"
The guidance in the General Subsections does not apply to the following plans and benefits:
  1. a
    Pension or life insurance benefits provided through a pension plan. The accounting for those benefits is set forth in Subtopic 715-30.
  2. b
    Disability benefits paid to former or inactive employees not on disability retirement (such benefits shall be accounted for under Topic 712). However, the measurement guidance in this Subtopic may be useful in applying the provisions of that topic.
  3. c
    Disability income benefits paid pursuant to a pension plan (such benefits shall be accounted for under Subtopic 715-30).
  4. d
    An employee's right to continue health care coverage under the provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). This right does not constitute a postretirement benefit plan per se because an employee need not be a retiree to receive that benefit. It is a right generally available upon termination of employment. If an employee voluntarily elects at retirement to continue health care coverage provided through the active employee health care plan and the cost to the employer of their continuing coverage exceeds the retirees' contributions, the employer shall account for the excess cost in accordance with Topic 712.
","snippet":"The guidance in the General Subsections does not apply to the following plans and benefits:\n(a) Pension or life insurance benefits provided through a pension plan. The accounting for those benefits is set forth in Subtop…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d7931d71ec81c67683139b7d7e74451c2294ef50aa7dda4071a900e4f8bae58b","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a78892847753c707b66f331b164a34ecc8fc2bb083d63107992178fd1a6c1e7a","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":null,"heading":"Other Considerations","paragraphs":[{"citation":"715-60-15-7","para":"15-7","html":"
A postretirement benefit plan may be part of a larger plan or arrangement that provides benefits currently to active employees as well as to retirees. In those circumstances, the promise to provide benefits to present and future retirees under the plan shall be segregated from the promise to provide benefits currently to active employees and shall be accounted for in accordance with the provisions of this Subtopic.
","snippet":"A postretirement benefit plan may be part of a larger plan or arrangement that provides benefits currently to active employees as well as to retirees. In those circumstances, the promise to provide benefits to present an…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:448d46b91cfa24af3a33982c53a8eed5725af9d851350f53cfd9c9d4ca44a7d8","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-8","para":"15-8","html":"
In some cases, an employer may limit its obligation through an individual or an aggregate cap on the employer's cost or benefit obligation. For example, an employer may elect to limit its annual postretirement benefit obligation for each retired plan participant to a maximum of $5,000. Or, an employer may elect to limit its share of the aggregate cost of covered postretirement health care benefits for a period to an amount determined based on an average per capita cost per retired plan participant. Plans of that nature are considered to be defined benefit postretirement plans. See paragraphs
715-60-55-96 through 55-102
for an illustration of the measurement considerations for defined dollar capped plans and paragraphs
715-60-55-2 through 55-3
for implementation guidance on capped plans.
","snippet":"In some cases, an employer may limit its obligation through an individual or an aggregate cap on the employer's cost or benefit obligation. For example, an employer may elect to limit its annual postretirement benefit ob…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:74b837617b90743cea6080cd05d6bf4cea49fde0642caff4f092672566f1c52c","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-9","para":"15-9","html":"
Absent evidence to the contrary, it shall be presumed that an employer that has provided postretirement benefits in the past or is currently promising those benefits to employees will continue to provide those future benefits.
","snippet":"Absent evidence to the contrary, it shall be presumed that an employer that has provided postretirement benefits in the past or is currently promising those benefits to employees will continue to provide those future ben…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0442aaa784aea2ae1b197936ab31d4f7e96a13bbd7073004d25648d83f7dc742","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fd2a5064695269a74761b73e27c5a31ac98d388d2400c655046779cfc6679352","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":null,"heading":"Plans with Characteristics of both a Defined Contribution and a Defined Benefit Plan","paragraphs":[{"citation":"715-60-15-9A","para":"15-9A","html":"
See paragraph 715-70-15-2 for guidance for plans with characteristics of both a defined contribution and a defined benefit plan.
","snippet":"See paragraph 715-70-15-2 for guidance for plans with characteristics of both a defined contribution and a defined benefit plan.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ef10f51797e8d9edfd3da84ac1f54e41729cc548187761d059fda5730005ecc5","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1b81944ddb6fe51df1a660f8cc7e31ecb52f42e1d6cb01efe3464271b294a1d2","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Medicare Prescription Drug, Improvement, and Modernization Act","heading":"Overall Guidance","paragraphs":[{"citation":"715-60-15-10","para":"15-10","html":"
The Medicare Prescription Drug, Improvement, and Modernization Act Subsections follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Subtopic, see paragraph 715-60-15-1, with specific exceptions noted below.
","snippet":"The Medicare Prescription Drug, Improvement, and Modernization Act Subsections follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Subtopic, see paragraph 715-60-15-1, with specific e…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4e7cc749b2fb5933742094c63f78a4ee0f7e9ce78045b7898d44cfee615dfea7","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b89ea1b984460e818a39a8d127065b8ba91e4048ba112d6bbaf80c4fd9b7e4e9","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Medicare Prescription Drug, Improvement, and Modernization Act","heading":"Transactions","paragraphs":[{"citation":"715-60-15-11","para":"15-11","html":"
The guidance in the Medicare Prescription Drug, Improvement, and Modernization Act Subsections applies to the following plans and benefits:
  1. a
    A single-employer defined benefit postretirement health care plan that has both of the following characteristics:
    1. 1
      The employer has concluded that prescription drug benefits available under the plan to some or all participants for some or all future years are \"actuarially equivalent\" to Medicare Part D and thus qualify for the subsidy under the Medicare Prescription Drug, Improvement, and Modernization Act.
    2. 2
      The expected subsidy will offset or reduce the employer's share of the cost of the underlying postretirement prescription drug coverage on which the subsidy is based.
","snippet":"The guidance in the Medicare Prescription Drug, Improvement, and Modernization Act Subsections applies to the following plans and benefits:\n(a) A single-employer defined benefit postretirement health care plan that has b…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3d1873b0ad8f31f7dba00d313762ef083f0064204e0d9a72b1368905189e3893","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-12","para":"15-12","html":"
The guidance in the Medicare Prescription Drug, Improvement, and Modernization Act Subsections does not address the following:
  1. a
    Situations that may arise in which the expected subsidy exceeds the employer's share of the cost of the underlying postretirement prescription drug coverage on which the subsidy is based
  2. b
    Multiemployer health and welfare benefit plans.
","snippet":"The guidance in the Medicare Prescription Drug, Improvement, and Modernization Act Subsections does not address the following:\n(a) Situations that may arise in which the expected subsidy exceeds the employer's share of t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7e5322dd71ab7b775a1525a6cca77a8c37265d2768c676b5382a32e5c5bc6a93","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8d090d8092e8301ae5f103d2c1319dc9d86d39cba6249a688fe0bf563f388a2f","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Medicare Prescription Drug, Improvement, and Modernization Act","heading":"Other Considerations","paragraphs":[{"citation":"715-60-15-13","para":"15-13","html":"
Although the Medicare Prescription Drug, Improvement, and Modernization Act Subsections provide limited guidance on certain other related aspects of accounting and disclosure necessitated by the Act (for example, changes in assumed participation rates and health care cost trend rates, as well as income tax accounting), that guidance is not intended to supersede or in any way limit the application of other relevant authoritative literature.
","snippet":"Although the Medicare Prescription Drug, Improvement, and Modernization Act Subsections provide limited guidance on certain other related aspects of accounting and disclosure necessitated by the Act (for example, changes…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:98f40879b3788fdbbc01c6dd425091c8907787a4940cbf165809af86ee8eb692","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:733f724cbbb96158c3f14b6f1ba797853c5c378ad4172dc5435302c0c60dfff7","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Settlements, Curtailments, and Certain Termination Benefits","heading":"Overall Guidance","paragraphs":[{"citation":"715-60-15-14","para":"15-14","html":"
The Settlements, Curtailments, and Certain Termination Benefits Subsections follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Subtopic, see paragraph 715-60-15-1, with specific exceptions noted below.
","snippet":"The Settlements, Curtailments, and Certain Termination Benefits Subsections follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Subtopic, see paragraph 715-60-15-1, with specific exce…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2dd9aedb6b26cd612f1a1e2a8771d8b1892f69cbc93a5ef267a2f1630c8caeae","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:741a07b55d99e54b594fb26a109c2d075354e0371b98ea80e7486b089906d948","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Settlements, Curtailments, and Certain Termination Benefits","heading":"Transactions","paragraphs":[{"citation":"715-60-15-15","para":"15-15","html":"
The guidance in the Settlements, Curtailments, and Certain Termination Benefits Subsections applies to the following transactions and activities:
  1. a
    Settlement of all or a part of an employer's accumulated postretirement benefit obligation or curtailment of a postretirement benefit plan
  2. b
    Other termination benefits not otherwise addressed in the following:
    1. 1
      Topic 420
    2. 2
      Topic 710
    3. 3
      Topic 712
    4. 4
      Subtopic 715-30.
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Examples of transactions that constitute a settlement include making lump-sum cash payments to plan participants in exchange for their rights to receive specified postretirement benefits and purchasing long-term nonparticipating insurance contracts for the accumulated postretirement benefit obligation for some or all of the plan participants.
","snippet":"Examples of transactions that constitute a settlement include making lump-sum cash payments to plan participants in exchange for their rights to receive specified postretirement benefits and purchasing long-term nonparti…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0ad7b097ed108878a4d5f9e6686b6eb430809601446ccf0cba736acee68ad1e8","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-17","para":"15-17","html":"
Curtailments include the following:
  1. a
    Termination of employees' services earlier than expected, which may or may not involve closing a facility or discontinuing a component of an entity
  2. b
    Termination or suspension of a plan so that employees do not earn additional benefits for future service. In the latter situation, future service may be counted toward eligibility for benefits accumulated based on past service.
","snippet":"Curtailments include the following:\n(a) Termination of employees' services earlier than expected, which may or may not involve closing a facility or discontinuing a component of an entity\n(b) Termination or suspension of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0fd60e10a98868f2821b71208cf389a49f71ef65e40ae54adbf8dedd313723d5","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-18","para":"15-18","html":"
The guidance in the Settlements, Curtailments, and Certain Termination Benefits Subsections does not apply to the following transactions and activities:
  1. a
    Other termination benefits addressed in the following:
    1. 1
      Topic 420
    2. 2
      Topic 710
    3. 3
      Topic 712
    4. 4
      Subtopic 715-30.
","snippet":"The guidance in the Settlements, Curtailments, and Certain Termination Benefits Subsections does not apply to the following transactions and activities:\n(a) Other termination benefits addressed in the following:\n(1) Topi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:71a46dd594202c0e47cf2df51021de4f728a5fd9b9fe27278a9778c4fb81fa97","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e91319af3386f4ba6718a645a020f0927813bb3564c0d006dac6b778ced09126","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Split-Dollar Life Insurance Arrangements","heading":"Overall Guidance","paragraphs":[{"citation":"715-60-15-19","para":"15-19","html":"
The Split-Dollar Life Insurance Arrangements Subsections follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Subtopic, see paragraph 715-60-15-1, with specific exceptions noted below.
","snippet":"The Split-Dollar Life Insurance Arrangements Subsections follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Subtopic, see paragraph 715-60-15-1, with specific exceptions noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:569ddef69dd1996a9b42a35a988143033622e5b60a295a80e8b9657f463b2fb6","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0e3626cdeb44d51227642501d4c1ea9a8f9c9f1e4263b61c78f8155d213d98f0","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"block":"Split-Dollar Life Insurance Arrangements","heading":"Transactions","paragraphs":[{"citation":"715-60-15-20","para":"15-20","html":"
The guidance in the Split-Dollar Life Insurance Arrangements Subsections applies to the following plans and benefits:
  1. a
    Endorsement split-dollar life insurance arrangements that provide a benefit to an employee that extends to postretirement periods.
  2. b
    Collateral split-dollar life insurance arrangements that provide a benefit to an employee that extends to postretirement periods.
","snippet":"The guidance in the Split-Dollar Life Insurance Arrangements Subsections applies to the following plans and benefits:\n(a) Endorsement split-dollar life insurance arrangements that provide a benefit to an employee that ex…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:decb9d30156e9bdb3d0e60f157f14c02115d50e0e8891d10eeb22922b08d5fe1","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},{"citation":"715-60-15-21","para":"15-21","html":"
The guidance in the Split-Dollar Life Insurance Arrangements Subsections does not apply to the following plans and benefits:
  1. a
    A split-dollar life insurance arrangement that provides a specified benefit to an employee that is limited to the employee's active service period with an employer.
","snippet":"The guidance in the Split-Dollar Life Insurance Arrangements Subsections does not apply to the following plans and benefits:\n(a) A split-dollar life insurance arrangement that provides a specified benefit to an employee …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:45fc0bc7f672f2a61ea3a54f11ca631786854dfc3504dc2bd174fb5d11a172be","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7dc460f989750fdc44018beef2922b0958a28f734e35feb72f042c1c727196af","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0038579d115cc497d776ea29e9d6a220fda5fa7b4b8bc1678bf20256ee9f81f5","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0038579d115cc497d776ea29e9d6a220fda5fa7b4b8bc1678bf20256ee9f81f5","downloaded_from":"2026-09-10T01:00:31.758Z","last_downloaded_at":"2026-09-10T01:00:31.758Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480392","source_sha256":"af8b0b0afa5b49e51f9791c02555304a99aa5b056caf23bf592e0bc6be762522"}}