Document ID: chunk:federal_register_of_legislation:F2024L00075:reg:29
Version: federal_register_of_legislation:F2024L00075
Segment Type: reg
Provision Reference: reg 29
Character Range: 20084–20978

29                    To meet the objective in paragraph 28, the disclosures would include:
          (a)                    whether the difference has arisen, in whole or in part, as a consequence of applying different assumptions for the purposes of determining funding levels and measuring defined benefit member liabilities and, if so, the nature of the differences between the assumptions; and
          (b)                   in the case of a difference not wholly explained by (a):
(i)                     the entity's strategy for addressing the difference and the anticipated timeframe over which the difference is expected to be eliminated; and
(ii)                   any plans or processes in place for employer-sponsors to seek to be paid some or all of a surplus or to reduce the level of their contributions in the future.

Explaining changes in defined benefit member liabilities