The Financial Accounting Standards Board wants to hear from the public about proposed guidelines for disclosures about retiree health plans and other post-retirement benefit plans.
FASB, Norwalk, Conn., is asking for comments about proposed FASB Staff Position Number 132(R)-a, Employers’ Disclosures about Postretirement Benefit Plan Assets.
The proposal would amend FASB Statement 132, which deals with public and non-public employers’ disclosures about postretirement benefit plan assets. A technical amendment that would require a nonpublic entity to disclose net periodic benefit costs also is included.
Among the proposals are:
- A requirement for disclosure of the fair value of categories of plan assets based on the types of assets held in the plan.