XBRL Staff at the Financial Accounting Standards Board (FASB) published for comment proposed GAAP Taxonomy Improvements for Proposed Update on Market-Return Cash Balance Plans. The update addresses the proposed Accounting Standards Update:
- Compensation—Retirement Benefits—Defined Benefit Plans—Pension (Subtopic 715-30): Discount Rate Used to Measure the Benefit Obligation for Certain Market-Return Cash Balance Plans (Release Notes)
The proposed Update was issued to clarify the discount rate that should be used to measure the benefit obligation under Subtopic 715-30.
The comment period on the proposed GAAP Taxonomy Improvements for the proposed Update on market-return cash balance plans ends on August 10, 2026.
Interested parties may provide comments on the proposed GAAP Taxonomy Improvements by sending their comments to xbrled@fasb.org and should include the File Reference Number indicated on the cover of the Release Notes.
Read the FASB announcement: XBRL Staff Issues for Comment Proposed GAAP Taxonomy Improvements for Proposed Update on Market Return Cash Balance Plans (June 11, 2026)
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