Most companies offer pension plans their employees. This to is a
contract between company and its employees which payments a in
will be made employees after they retire. Besides pension plans, to
many companies also provide other postretirement benefits, or
OPRBs. example ORPB healthcare An of an is insurance.
Pensions are similar healthcare insurance far the accounting to as as
for them. They both require the company use accrual basis to
accounting, and both involve the concept of a liability.
There are three major differences between pensions and healthcare
insurance. The first is beneficiary. pension plan generally for the A is
