{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/965/30/#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":"965","topic_title":"Plan Accounting—Health and Welfare Benefit Plans","subtopic":"965-30","subtopic_title":"Plan Benefit Obligations","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"Postretirement Benefit Obligations","paragraphs":[{"citation":"965-30-50-1","para":"50-1","html":"
Separate disclosure for each classification for each significant benefit described in paragraph 965-30-35-22 (for example, medical and death) may be appropriate.
","snippet":"Separate disclosure for each classification for each significant benefit described in paragraph 965-30-35-22 (for example, medical and death) may be appropriate.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:40b39939dd8bfe8044c843ef22f4d778874148be3f453512de1c3bd44641b627","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:153e6c2bff683102c293ececd6692d8db818a6bc44b177fcd8edec7db8be993f","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},{"block":null,"heading":"Postemployment Benefits","paragraphs":[{"citation":"965-30-50-2","para":"50-2","html":"
If an obligation for postemployment benefits is not recognized in accordance with paragraphs 965-30-25-3 and
965-30-35-9 through 35-10
only because the amount cannot be reasonably estimated, the financial statements shall disclose that fact.
","snippet":"If an obligation for postemployment benefits is not recognized in accordance with paragraphs 965-30-25-3 and 965-30-35-9 through 35-10 only because the amount cannot be reasonably estimated, the financial statements shal…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49fee08aa25028c6a6f5280a956c9556811f4c0aa55771474e1b4f36f4adc739","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95bf404ec243eb9197d1b814298d9446ee110154ad1920f7dff4c45c656fb976","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},{"block":null,"heading":"Amounts Due During Plan Contract Period","paragraphs":[{"citation":"965-30-50-3","para":"50-3","html":"
For negotiated plans, benefit obligations due during a plan's contract period may, but need not, be disclosed. Paragraphs
965-10-05-4 through 05-6
provide a discussion of the characteristics of plans, including plans negotiated with one or more labor unions.
","snippet":"For negotiated plans, benefit obligations due during a plan's contract period may, but need not, be disclosed. Paragraphs 965-10-05-4 through 05-6 provide a discussion of the characteristics of plans, including plans neg…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b2998d0ba1f959d2e539e6ad67bf64da5aa9f7c8d552c45b126d608a28962ae9","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a0384d3fba87f2dd03d625161afa9bdf205b04774541fa6a9cface85c73124d9","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},{"block":null,"heading":"Obligation for Premium Deficit","paragraphs":[{"citation":"965-30-50-4","para":"50-4","html":"
If no obligation is included for a premium deficit under insurance arrangements because any of the conditions described in paragraph 965-30-25-5 are not met, or if an exposure to loss exists in excess of the amount accrued, disclosure of the premium deficit shall be made if it is reasonably possible that a loss or an additional loss has been incurred.
","snippet":"If no obligation is included for a premium deficit under insurance arrangements because any of the conditions described in paragraph 965-30-25-5 are not met, or if an exposure to loss exists in excess of the amount accru…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:71ae4ca15157b8214b51624fbb50a1bbc4cd527a619d75d87b061a0bd112947a","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b1b2c600803ce1c1a5fa034a872c2eac487252129db1a59a2c737e1e4e4b46f1","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},{"block":null,"heading":"Additional Financial Statement Disclosures","paragraphs":[{"citation":"965-30-50-5","para":"50-5","html":"
Disclosure of a health and welfare benefit plan's accounting policies shall include both of the following:
  1. a
    A description of the methods and significant actuarial assumptions used to determine the plan's benefit obligations. Any significant changes in assumptions made between financial statement dates and their effects shall be described.
  2. b
    The weighted-average assumed discount rate used to measure the plan's obligation for postemployment benefits.
","snippet":"Disclosure of a health and welfare benefit plan's accounting policies shall include both of the following:\n(a) A description of the methods and significant actuarial assumptions used to determine the plan's benefit oblig…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c65bf4561a3764a1081ec29ca4783e3d53eb6960d0be03b230dfb87144da40ad","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},{"citation":"965-30-50-6","para":"50-6","html":"
See paragraph 965-30-45-5 for disclosure requirements of the changes in each of the three major classifications of benefit obligations if not presented in the body of the financial statements.
","snippet":"See paragraph 965-30-45-5 for disclosure requirements of the changes in each of the three major classifications of benefit obligations if not presented in the body of the financial statements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0c653caf7922d741d1b66abbeb5cffdad36511e435678b8fd5336b7499e5f493","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},{"citation":"965-30-50-7","para":"50-7","html":"
If administrative expenses expected to be paid by the plan (but not those paid directly by the plan's participating employer[s]) that are associated with providing the plan's benefits are reflected by reducing the discount rate(s) used in measuring the benefit obligation, the resulting reduction in the discount rate(s) shall be disclosed.
","snippet":"If administrative expenses expected to be paid by the plan (but not those paid directly by the plan's participating employer[s]) that are associated with providing the plan's benefits are reflected by reducing the discou…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c7c527e0ee8fe3ab8cd8c60d61749cad3933cf138b87781f401babcd917ae767","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e950c8967b721961b0d6128a9e101741fc5bafd72c07ac44b73766814241ccbc","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:221867ea9fffd2bcfe60504983d952b4871a10bbe739991dd827be32666a4882","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:221867ea9fffd2bcfe60504983d952b4871a10bbe739991dd827be32666a4882","downloaded_from":"2026-09-10T02:25:26.797Z","last_downloaded_at":"2026-09-10T02:25:26.797Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480264","source_sha256":"fef4a554230114ea05db1762132ead745e5aff26158d83f8437497a03a902bdf"}}