# ASC 715-980-05: Compensation—Retirement Benefits — Regulated Operations — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/715/980/#05-overview-and-background)

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## ASC 715-980-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/715/980/#05-overview-and-background)

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##### [715-980-05-1](https://asc.understandingaccounting.org/asc/715/980/#715-980-05-1)

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This Subtopic provides guidance for compensation related to pension costs and other postretirement benefit costs for entities with regulated operations.

#### Postretirement Pension Cost

##### [715-980-05-2](https://asc.understandingaccounting.org/asc/715/980/#715-980-05-2)

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This Subtopic provides guidance for the difference between net periodic pension cost as defined in Subtopic 715-30 and amounts of pension cost considered for rate-making purposes as an asset or a liability created by the actions of the regulator.

#### Other Postretirement Benefit Cost

##### [715-980-05-3](https://asc.understandingaccounting.org/asc/715/980/#715-980-05-3)

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This Subtopic provides guidance for the difference between net periodic postretirement benefit cost as defined in Subtopic 715-60 and amounts of postretirement benefit cost considered for rate-making purposes as an asset or a liability created by the actions of the regulator.