According to the Financial Accounting Standards Board (FASB),employers fund retirement benefits on a pay-as-you-go basis.

Name: According to the Financial Accounting Standards Board (FASB),employers fund retirement benefits on a pay-as-you-go basis.
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According to the Financial Accounting Standards Board (FASB), employers must set aside the funds they expect to need for benefits to be paid after retirement, rather than funding those benefits on a pay-as-you-go basis.

According to the Financial Accounting Standards Board (FASB),employers Fund Retirement