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Other long-term employee benefits are all employee benefits other than short-term employee benefits, post-employment benefits and termination …

Termination benefits are employee benefits provided in exchange for the termination of an employee’s employment as a result of either: (a) an entity’s decision to terminate an employee’s employment before the normal retirement date; or (b) an employee’s …

Post-employment benefit plans are formal or informal arrangements under which an entity provides post-employment benefits for one or more …

Defined contribution plans are post-employment benefit plans under which an entity pays fixed contributions into a separate entity (a fund) and will have no legal or constructive obligation to pay further contributions if the fund does not hold sufficient …

Defined benefit plans are post-employment benefit plans other than defined contribution plans. …

Multi-employer plans are defined contribution plans (other than state plans) or defined benefit plans (other than state plans) that: (a) pool the assets contributed by various entities that are not under common control; and (b) use those assets to provide …

The net defined benefit liability (asset) is the deficit or surplus, adjusted for any effect of limiting a net defined benefit asset to the asset …

The deficit or surplus is: (a) the present value of the defined benefit obligation less (b) the fair value of plan assets (if any). …

The asset ceiling is the present value of any economic benefits available in the form of refunds from the plan or reductions in future contributions to the …

The present value of a defined benefit obligation is the present value, without deducting any plan assets, of expected future payments required to settle the obligation resulting from employee service in the current and prior …