# ASC 715-958-35: Compensation—Retirement Benefits — Not-for-Profit Entities — 35 Subsequent Measurement Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/715/958/#35-subsequent-measurement) 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): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:19eaf5eb9e5de18031be8b7a50b01630fee6766ba21a4a68b67161655a1d0498 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 715-958-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/715/958/#35-subsequent-measurement) SEC content: no ##### [715-958-35-1](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:c037bcd1c82bff4b696d6a2cb10818d4d189648b14ec22889b46cf155ef4761f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When a [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) applies the subsequent measurement provisions of the following Sections, the references to the prior service costs or credits included in accumulated other comprehensive income shall instead be to the prior service costs or credits that have been recognized as changes in [net assets without donor restrictions](https://asc.understandingaccounting.org/glossary/n/#net-assets-without-donor-restrictions "The part of net assets of a not-for-profit entity that is not subject to donor-imposed restrictions (donors include other types of contributors, including makers of certain grants).") arising from a defined benefit plan (or a postretirement benefit plan) but not yet reclassified as components of net periodic pension cost (or net periodic postretirement benefit cost): 1. a Section 715-30-35 2. b Section 715-60-35. ##### [715-958-35-2](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:b24c075658f923cbabe7ff03e912f11ae21c8b5e3afde69e82922a89337553ac Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When an NFP applies the subsequent measurement guidance in the following Sections, the references to gains and/or losses included in accumulated other comprehensive income shall instead be to the gains and/or losses that have been recognized as changes in net assets without donor restrictions arising from a defined benefit plan (or a postretirement benefit plan) but not yet reclassified as components of net periodic pension cost (or net periodic postretirement benefit cost): 1. a Section 715-30-35 2. b Section 715-60-35. ##### [715-958-35-3](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:001148a5c2f78cb6c486e6ecc471f3c5c21d5cca7cdb850ac20032c5e131125a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When an NFP applies the subsequent measurement provisions of the following Sections, the references to the transition obligation or asset remaining in accumulated other comprehensive income shall instead be to the transition obligation or asset that has been recognized as a change in net assets without donor restrictions arising from a defined benefit plan (or a postretirement benefit plan) but not yet reclassified as a component of net periodic pension cost (or net periodic postretirement benefit cost): 1. a Section 715-30-35 2. b Section 715-60-35. ##### [715-958-35-4](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:b7f32ba1060bcdc1d5f84b79571a56bb0c93cdc8828f6c5f6904f017f0560225 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When an NFP applies the subsequent measurement provisions of the following paragraphs, references to amounts previously recognized in other comprehensive income shall be instead to amounts that have been recognized as a change in net assets without donor restrictions arising from a defined benefit plan (or a postretirement benefit plan) but not yet reclassified as components of net periodic pension cost (or net periodic postretirement benefit cost): 1. a Paragraph [715-30-35-65](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-65) 2. b Paragraph [715-60-35-127](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-127). ##### [715-958-35-5](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:b056d29b87e9c0ad459f36ec1faf08d117630b093473020fc6a98046041fcfa1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When an NFP applies the subsequent measurement provisions of paragraph [715-30-35-25(a)](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-25), references to the net balance included in accumulated other comprehensive income shall be instead to the net balance that has been recognized as a change in net assets without donor restrictions arising from a defined benefit plan but not yet reclassified as components of net periodic pension cost. ##### [715-958-35-6](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-6) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:c54c6b2a34465372eb931bdf304a0d82b34e2a8109a4f399b48f9fc7da6621ea Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When an NFP applies the subsequent measurement guidance in paragraph [715-30-35-21](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-21), the gains and losses that are not recognized immediately as a component of net periodic pension cost shall be recognized in accordance with paragraph [958-715-45-1](https://asc.understandingaccounting.org/asc/715/958/#715-958-45-1). ##### [715-958-35-7](https://asc.understandingaccounting.org/asc/715/958/#715-958-35-7) Pending content: no Source downloaded (UTC): 2026-09-10T01:02:37.266Z to 2026-09-10T01:02:37.266Z Record version: sha256:ac1368ba325d6a4ecc8f98c43e7c9b45b290fc9b67a5da85c920153f789fb5c8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Not-for-profit employers that do not report other comprehensive income in accordance with the provisions of Topic 220, shall apply the provisions of paragraphs [715-30-35-79 through 35-91](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-79) and [715-30-35-92 through 35-96](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-92) in an analogous manner that is appropriate for their method of reporting financial performance and financial position.