Definition of Projected benefit obligation, PBO - Finance dictionary
Projected benefit obligation, PBO((See Chapter 7 of the Vernimmen))
A defined benefit plan gives rise to a liability corresponding to the actuarial present value of all the pension payments due at the balance sheetclosing date. This liability is called projected benefit obligation.
Projected benefit obligation, PBO((See Chapter 7 of the Vernimmen))
A defined benefit plan gives rise to a liability corresponding to the actuarial present value of all the pension payments due at the balance sheetclosing date. This liability is called projected benefit obligation.
Projected benefit obligation, PBO((See Chapter 7 of the Vernimmen))
A defined benefit plan gives rise to a liability corresponding to the actuarial present value of all the pension payments due at the balance sheetclosing date. This liability is called projected benefit obligation.