FASB Holds January 14 Meeting

At its January 14, 2026, meeting, the FASB discussed its project on the application of ASC 715 to market-return cash balance plans. This project is based on an EITF Issue and was added to the Board’s agenda in the second quarter of 2025.

Topics addressed at the meeting included the project’s scope, including the measurement of benefit obligations for in-scope plans; disclosures (no additional disclosures beyond the current ones will be required); and transition and early adoption. In addition, the Board determined that the project’s benefits will outweigh its costs and directed the staff to draft a proposed ASU for a vote by written ballot.

For more information, see the tentative Board decisions on the FASB’s Web site.