External resource

FASB Statement 87 — Employers' Accounting for Pensions

Historical FASB pronouncement underlying the defined benefit pension obligation and periodic cost architecture later codified in Topic 715.

Authority and currency

About this authority

Publisher: Financial Accounting Foundation
Standing: Primary authority
Version: Statement 87 historical text
Relevant parts: Defined benefit obligation, plan assets, net periodic pension cost, gains and losses, and prior service cost
Currency: superseded · checked Aug 8, 2026

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Statement 87 is used only to explain the historical architecture behind PBO, plan assets, periodic cost, and delayed recognition. Current codified guidance controls every accounting conclusion.