ABO

(redirected from Accumulated Benefit Obligation)
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ABO

Symbol for blood group systems , under system.
References in periodicals archive ?
The funding target is the accumulated benefit obligation (the present value of pension benefits that have been earned).
Consistent with the provisions of the Pension Protection Act, the annual contribution is limited to an amount that would cause pension fund assets to exceed 150% of the accumulated benefit obligation.
The value of the current liability is approximated by the accumulated benefit obligation.
Until this Statement is fully adopted, financial statements that exclude foreign plans from (a) the actual allocation of assets, (b) the description of investment strategies, (c) the basis used to determine the expected long-term rate of-return-on-assets assumption, or (d) the amount of accumulated benefit obligation shall include, separately for domestic plans, the total fair value of plan assets as of the measurement date(s) used for the latest statement of financial position presented and the overall expected long-term rate of return on assets for the latest period for which a statement of income is presented.
The disclosures for earlier annual periods presented for comparative purposes shall be restated for (a) the percentages of each major category of plan assets held, (b) the accumulated benefit obligation, and (c) the assumptions used in the accounting for the plans.
The percentage of companies whose defined benefit pension plans have sufficent assets to cover their accumulated benefit obligations has been falling for the past few years, according to Buck Consultants, Inc.
The actual charge to equity may differ materially from Delta's estimate because Delta has not yet finally determined its accumulated benefit obligations under the Pension Plans as of Sept.
Due to a decline in the market value of these plans' assets in 2002, and the decline of interest rates used in discounting benefit liabilities, the pension assets at the end of 2002 were approximately $1 million less than the accumulated benefit obligations.
The Company also believes that the principal balance sheet effect of the restatement, as of December 31, 2003, will be to reflect total unfunded accumulated benefit obligations with respect to the Media pension plan of $19.