The 2021 agenda decision on attribution

Learning objectives

• Explain the status of an Interpretations Committee agenda decision (explanatory material, not a Standard) on attributing benefit to periods of service.L3
• Analyse how a lump-sum plan conditional on being employed at retirement age relates to paragraphs 70 to 74.L4

Normative references

• IAS 19 §70Benefit is attributed to periods of service under the plan's benefit formula; if service in later years leads to a materially higher level of benefit than in earlier years, benefit is attributed on a straight-line basis from the date when service first leads to benefits until the date when further service leads to no material amount of further benefits (other than from further salary increases).

Original summaries of the paragraphs (reference register), never a quotation of the standard.

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