Federal bank regulators made an interim decision that FASB Statement no. 158, Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans, will not affect banking organizations’ regulatory capital. Pending further action by the Federal Reserve Board, FDIC, Office of the Comptroller of the Currency and Office of Thrift Supervision, bank holding companies and savings associations should exclude from regulatory capital any amounts recorded in accumulated other comprehensive income (AOCI) resulting from the application of Statement no. 158.

The standard requires organizations that sponsor defined benefit postretirement plans to recognize the overfunded or underfunded status of each such plan as an asset or liability on their balance sheet with corresponding adjustments in AOCI. For additional guidance, visit .



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