176 pages. Excerpt: This Statement requires an employer ... to ... [r]ecognize the funded status of a benefit plan -- measured as the difference between plan assets at fair value ... and the benefit obligation -- in its statement of financial position. For a pension plan, the benefit obligation is the projected benefit obligation; for any other postretirement benefit plan, such as a retiree health care plan, the benefit obligation is the accumulated postretirement benefit obligation.  MORE >>