Multi‑employer plan disclosures (para. BC274)

BC274 In March 2010 the FASB announced a new project to review disclosures about an employer's participation in a multi‑employer plan and to develop disclosure requirements that would give better information about the risks that an entity faces by participating in a multi‑employer plan. The FASB published a proposed Accounting Standards Update in the second quarter of 2010 with disclosure requirements similar to those relating to multi‑employer defined benefit plans. The FASB expects to issue a final Accounting Standards Update in 2011.