Pension Benefits – Underfunded (SF.BS.PensionBenefits_Underfunded) refers to the valuation of a pension fund which does not have enough funds to support the Expected Liabilities.

The field also includes potential one-off adjustments from changes in regulations or in the company’s stipulated policies which lead to additional obligations and subsequent wider gap from under-contribution.

Pension Benefits – Underfunded (SF.BS.PensionBenefits_Underfunded) includes:

• Minimum pension liabilities
• Postretirement benefit liabilities
• Employee benefits other non-pension benefits when the pension plans cannot be separated from other benefits
• Deferred benefits
• Directors’ retirement plans

Pension Benefits – Underfunded (SF.BS.PensionBenefits_Underfunded) does not include:

• Termination benefits, severance payments, jubilee awards and other employee benefits not related to pensions or post retirement (SF.BS.Reserves)

Related Entries

• Acceptances Outstanding (SF.BS.AcceptancesOutstanding)
• Accounts Payable (SF.BS.AccountsPayable)
• Accounts Receivable – Trade, Gross (SF.BS.AccountsReceivable_TradeGross)
• Accounts Receivable – Trade, Net (SF.BS.AcctsReceivable_TradeNet)
• Accrued Expenses (SF.BS.AccruedExpenses)