Status of Statement No. 88

Employers' Accounting for Settlements and Curtailments of Defined Benefit Pension Plans and for Termination Benefits

Status

Issued: December 1985

Effective Date:
For events occurring in fiscal years beginning with the fiscal year in which Statement 87 is first applied

 

Affects:
Supersedes FAS 74

 

Affected by:
Paragraph 6(a) amended by FAS 144, paragraph C11(a)
Paragraphs 8 and 16 deleted by FAS 144, paragraph C11(b)
Paragraphs 9, 12, and 13 amended by FAS 158, paragraphs C6(a) through C6(c), respectively
Paragraph 17 replaced by FAS 132, paragraph 13, and FAS 132(R), paragraph 17
Paragraphs 17A, 17B, and 57A added by FAS 158, paragraphs C6(d) and C6(e), respectively
Paragraph 57 amended by FSP FAS 158-1, paragraph 6
Paragraph 57A effectively deleted by FSP FAS 158-1, paragraph 6
Illustrations 1, 2, 4, and 5 (paragraph 57) amended by FSP FAS 158-1, paragraph 6
Illustration 3 (paragraph 57) amended by FAS 144, paragraph C11(c), and FSP FAS 158-1, paragraph 6
Illustration 6 (paragraph 57) deleted by FSP FAS 158-1, paragraph 6
Paragraphs C1 through C70 added by FSP FAS 158-1, paragraph 9
Paragraphs C28, C38, C58, C62, C65, and C67 through C70 deleted by FSP FAS 158-1, paragraph 9
Footnote 2 amended by FAS 158, paragraph C6(a)
Footnote 6a added by FAS 158, paragraph C6(e), and effectively deleted by FSP FAS 158-1, paragraph 6

 

Other Interpretive Releases:
FASB Special Report, A Guide to Implementation of Statement 88 on Employers' Accounting for Settlements and Curtailments of Defined Benefit Pension Plans and for Termination Benefits: Questions and Answers (Superseded by FSP FAS 158-1) Note: This Special Report has been included in FAS 88 as Appendix C by FSP FAS 158-1.
FASB Staff Position 158-1

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
Nullifies EITF Issues No. 84-6 and 85-10
Interpreted by:
No EITF Issues

 

Related Issues:
EITF Issues No. 91-7 and 96-5 and Topic No. D-27

 


Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides