全球最权威穆迪投资机构hr福利分析案.pptVIP

* * * * * * * * * Session 39 – Workshop:Analyzing Defined Benefit Pension Plans Postretirement Benefits Greg Clifton VP/Senior Analyst Moody’s Investors Service * Rating Methodology * Cash Flow Considerations Pension plans Understand contribution requirements Rough estimate can be made with SFAS 87 information Due to undisclosed credits, some companies may not face large contribution requirements for several years Can be offset by contributing stock OPEB Primary focus on benefits paid (recorded on “pay-as you-go” basis) Can obtain benefits paid information in the rollforward of the