Match the brief description with the terms by entering the appropriate letters in the blank spaces
provided.
Brief Description
A. Transaction that is irrevocable, relieves employer of some pension plan obligations, and
eliminates significant risk related to the plan obligation and assets.
B. Net of any unrecognized gain or loss and any unrecognized net transition asset (i.e., gain).
C. Plan to which two or more employers contribute and for which pension assets are not
separately identified for each employer.
D. Compensation offered for a short period of time when an employee is terminated prior to
expected retirement date.
E. Increase or decrease in the accrued pension obligation.
F. Compensation to employees required by a pension plan only if a specified event occurs which
causes an employee to be terminated prior to expected retirement date.
G. Any unrecognized Past service costs and unrecognized transition cost related to curtailed
years of service.
H. Event that either reduces the expected years of future service of present employees, or
eliminates accrual of defined benefits for some or all future services.
Term
___1. Contractual termination benefit
___2. Maximum gain or loss for a settlement
___3. Accrued pension obligation gain or loss due to a curtailment
___4. Past service and transition loss due to a curtailment
___5. Multiemployer pension plan
___6. Curtailment
___7. Settlement
___8.. Special termination benefit
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