# ASC 965-30-50: Plan Accounting—Health and Welfare Benefit Plans — Plan Benefit Obligations — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/965/30/#50-disclosure) 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): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:221867ea9fffd2bcfe60504983d952b4871a10bbe739991dd827be32666a4882 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 965-30-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/965/30/#50-disclosure) SEC content: no #### Postretirement Benefit Obligations ##### [965-30-50-1](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:40b39939dd8bfe8044c843ef22f4d778874148be3f453512de1c3bd44641b627 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Separate disclosure for each classification for each significant benefit described in paragraph [965-30-35-22](https://asc.understandingaccounting.org/asc/965/30/#965-30-35-22) (for example, medical and death) may be appropriate. #### Postemployment Benefits ##### [965-30-50-2](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:49fee08aa25028c6a6f5280a956c9556811f4c0aa55771474e1b4f36f4adc739 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an obligation for postemployment [benefits](https://asc.understandingaccounting.org/glossary/b/#benefits "The monetary or in-kind benefits or benefit coverage to which participants may be entitled under a pension plan or a health and welfare plan (which can include active, terminated, and retired employees or their dependents or beneficiaries). Examples of benefits may include, but are not limited to, health care benefits, life insurance, legal, educational, and advisory services, pension benefits, disability benefits, death benefits, and benefits due to termination of employment.") is not recognized in accordance with paragraphs [965-30-25-3](https://asc.understandingaccounting.org/asc/965/30/#965-30-25-3) and [965-30-35-9 through 35-10](https://asc.understandingaccounting.org/asc/965/30/#965-30-35-9) only because the amount cannot be reasonably estimated, the financial statements shall disclose that fact. #### Amounts Due During Plan Contract Period ##### [965-30-50-3](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:b2998d0ba1f959d2e539e6ad67bf64da5aa9f7c8d552c45b126d608a28962ae9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/asc/965/10/#965-10-05-4) provide a discussion of the characteristics of plans, including plans negotiated with one or more labor unions. #### Obligation for Premium Deficit ##### [965-30-50-4](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:71ae4ca15157b8214b51624fbb50a1bbc4cd527a619d75d87b061a0bd112947a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If no obligation is included for a premium deficit under insurance arrangements because any of the conditions described in paragraph [965-30-25-5](https://asc.understandingaccounting.org/asc/965/30/#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. #### Additional Financial Statement Disclosures ##### [965-30-50-5](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:c65bf4561a3764a1081ec29ca4783e3d53eb6960d0be03b230dfb87144da40ad Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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. ##### [965-30-50-6](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-6) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:0c653caf7922d741d1b66abbeb5cffdad36511e435678b8fd5336b7499e5f493 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See paragraph [965-30-45-5](https://asc.understandingaccounting.org/asc/965/30/#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. ##### [965-30-50-7](https://asc.understandingaccounting.org/asc/965/30/#965-30-50-7) Pending content: no Source downloaded (UTC): 2026-09-10T02:25:26.797Z to 2026-09-10T02:25:26.797Z Record version: sha256:c7c527e0ee8fe3ab8cd8c60d61749cad3933cf138b87781f401babcd917ae767 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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.