{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/960/40/#50-disclosure","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":"960","topic_title":"Plan Accounting—Defined Benefit Pension Plans","subtopic":"960-40","subtopic_title":"Terminating Plans","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"960-40-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_1C664D01-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">When the decision has been made to terminate a plan or when a wasting trust (that is, a plan under which participants no longer accrue benefits but that will remain in existence as long as necessary to pay already accrued benefits) exists, the relevant circumstances shall be disclosed in all subsequent financial statements issued by the plan. </span></span></div></div>","snippet":"When the decision has been made to terminate a plan or when a wasting trust (that is, a plan under which participants no longer accrue benefits but that will remain in existence as long as necessary to pay already accrue…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:07996189b8342d1315a048be84916284218227c58decdd7599cbe5532fa90f70","downloaded_from":"2026-09-10T02:23:46.986Z","last_downloaded_at":"2026-09-10T02:23:46.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479474","source_sha256":"1ead8785c61eacf195fa43662a4f970662f1cd28a868efe979ea4120336e3a8a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:698958e9bf9956da3a9ba128bfde9b7890ef285a81dee8f48dc1d85899c29ac2","downloaded_from":"2026-09-10T02:23:46.986Z","last_downloaded_at":"2026-09-10T02:23:46.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479474","source_sha256":"1ead8785c61eacf195fa43662a4f970662f1cd28a868efe979ea4120336e3a8a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5410f075fc587154ad90ff7fa1d257460ce858fb41f14baacd657f9f34ff42e9","downloaded_from":"2026-09-10T02:23:46.986Z","last_downloaded_at":"2026-09-10T02:23:46.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479474","source_sha256":"1ead8785c61eacf195fa43662a4f970662f1cd28a868efe979ea4120336e3a8a"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5410f075fc587154ad90ff7fa1d257460ce858fb41f14baacd657f9f34ff42e9","downloaded_from":"2026-09-10T02:23:46.986Z","last_downloaded_at":"2026-09-10T02:23:46.986Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479474","source_sha256":"1ead8785c61eacf195fa43662a4f970662f1cd28a868efe979ea4120336e3a8a"}}