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Version date: 26 February 2020 - onwards
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Long‑term employee benefits: exposure draft published in 2010 (paras. BC22-BC24)

BC22 The Board considered combining post‑employment benefits and other long‑term employee benefits into a single category. The main differences between accounting for other long‑term benefits and accounting for post‑employment benefits were:

(a) the previous option to defer recognition of actuarial gains and losses ('the corridor'); and

(b) the previous requirement to recognise unvested past service cost over the vesting period.

BC23 As proposed in the 2010 ED, the Board removed these differences in 2011. In the light of that proposal, the 2010 ED also proposed the removal of the distinction between post‑employment benefits and other long‑term employee benefits. However, many respondents to the 2010 ED did not support this removal of that distinction. They did not think that the recognition and disclosure requirements for post‑employment benefits were appropriate for other long‑term employee benefits, because in their view:

(a) the costs of applying the recognition and

Comparing proposed amendment...