2012年ACCA考试《p2公司报告》讲义辅导20

2012年ACCA考试《p2公司报告》讲义辅导20


Post employment benefit plan:
　　defined contribution plans and defined benefit plans
　　Defined contribution plans: the employer （and possibly current employees too） pay regular contributions into the plan of a given or defined amount each year. The contributions are invested, and the size of the post-employment benefits paid to former employees depends on how well or how badly the plan’s investments perform. If the investments perform well, the plan will be able to afford higher benefits than if the investments performed less well.
　　Defined benefit plans: the size of the post employment benefits is determined in advance, ie the benefits are defined. The employer （and possible current employees too） pay contributions into the plan, and the contributions are invested. The size of the contributions is set at an amount that is expected to earn enough investment returns to meet the obligation to pay the post employment benefits. If, however, it becomes apparent the assets in the fund are insufficient, the employer will be required to make additional contributions into the plan to make up the expected shortfall. Otherwise the employer may take a ‘contribution holiday’