Effective interest method and Employee Retirement Income Security Act: Difference between pages

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''Financial reporting''.
''US Pensions''.  
 
(ERISA).
In relation to a financial asset or financial liability, the allocation of the difference between the initial cost and the final maturity amount using the effective interest rate.
A 1974 US federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.  
 
Also known as the amortised cost method.
 


== See also ==
== See also ==
* [[Actuarial method]]
* [[Pension]]
* [[Amortisation]]
* [[Effective interest rate]]
 
[[Category:Compliance_and_audit]]

Revision as of 13:33, 5 May 2013

US Pensions. (ERISA). A 1974 US federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to provide protection for individuals in these plans.

See also