Sentieo Support Center

Pension Benefits – Overfunded (SF.BS.PensionBenefits_Overfunded) refers to the overfunded pension benefits. When a company uses the Defined Benefit Method, regularly funded pension contribution may generate gains such that the fair market value of plan assets exceeds the accumulated benefit obligation leading to excess benefits which remain on the balance sheet…

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…