ASU 2011-09 — Disclosures about an Employer's Participation in a Multiemployer Plan

ASU 2011-09 preserved the participating employer's contribution-based recognition model: required contributions are periodic benefit cost and unpaid required contributions are a liability. It expanded disclosures so a reader can see the plans, employer participation, contributions, available funded-status indicators, collective-bargaining terms, surcharges, rehabilitation or funding- improvement information, and risks that do not appear in a single-employer funded-status balance. Withdrawal and contribution-increase exposures retain their separate Topic 450 contingency route. Current Subtopic 715-80 controls.