Settlements & Curtailments

35

• Curtailment
  • A transaction or event the significantly reduces the expected years of service of active employees or eliminates the accrual of benefits for future work of a significant number of active employees. For example, a plant closing.
• Curtailment gains and losses are accounted for as contingencies (if probable and can be reasonably estimated).

Previous slide

Next slide

Back to first slide

View graphic version