accrual

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Related to Accrued benefit: Accrued Benefit Cost Method

accrual

A term of art referring to the number of patients in a study or clinical trial.
References in periodicals archive ?
Under the rule, a plan is permitted to explicitly bifurcate the accrued benefit so that the plan provides that the requirements of [sec] 1.417(e)--1(d) apply to a specified portion of a participant's accrued benefit as if that portion were the participant's entire accrued benefit.
The pension obligation less the actuarial value of assets equals the unfunded accrued benefit obligation.
An employee who has completed at least three years of service must have a nonforfeitable right to at least the following percentages of his accrued benefit derived from employer contributions: 20% after three years of service, 40% after four years of service, 60% after five years of service, 80% after six years of service, and 100% after seven years of service.
However, a plan amendment that changes a vesting schedule will not be treated as satisfying the vesting requirements of ERISA and the Code if the nonforfeitable percentage of the accrued benefit derived from employer contributions (determined as of the later of the date such amendment is adopted or becomes effective) of any employee who is a participant in the plan is less than such nonforfeitable percentage computed under the plan without regard to such amendment.
This accrual will create a charge to earnings, and unfunded accrued benefits will create a growing balance sheet liability.
However, a participant's accrued benefits under a DB plan must be fully vested after three years of service.
To ensure solvency of all private pensions, the PPA establishes new funding requirements and limits benefit accruals for certain plans deemed "at risk." A plan will be at risk if the accrued benefits under the plan are less than 80 percent funded based on the prior year's assets.
In the published article, a taller cylinder represents a greater amount of benefits accruing to the potential beneficiary, while a shorter cylinder represents little accrued benefit. Likewise, the arrows indicative of benefit flows are also easily viewed.
said Tuesday its group net and pretax profits rose for the third consecutive year in fiscal 2004, due partly to a decrease in accrued benefit costs and good performance in its feed and distribution businesses.
Thus having an accurate number for the accrued benefit expense and tax deduction is not possible without significant allocations that, even if affected, would appear to be of little value.
In a cash-balance plan conversion, the employer determines an employee's accrued benefit under the old plan.