BC262 In finalising the amendments made in 2011, the Board decided that an entity should:

(a) recognise a plan amendment or curtailment when it occurs (paragraphs BC154-BC159); and

(b) recognise termination benefits when the entity can no longer withdraw the offer of those benefits (paragraphs BC258-BC260).

BC263 Respondents to the 2010 ED were concerned about the accounting interactions between plan amendments, curtailments, settlements, termination benefits and restructurings because they often occur together, and it could be difficult to distinguish the gain or loss that arises from each transaction if they have different recognition requirements or are included in different components of defined benefit cost. Some respondents to the 2010 ED suggested aligning the timing of recognition of amounts resulting from plan amendments, curtailments, settlements, termination benefits and restructuring if they are related.