In a defined contribution plan,accrued benefits are the difference between the carrying amount of the assets and the sum of all other liabilities of the superannuation plan.

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Accrued benefits in a defined contribution plan represent the value of the assets held in the plan that are allocated to individual participant accounts. This amount is calculated as the difference between the total value of the plan's assets and any outstanding liabilities, such as administrative expenses or other obligations. Unlike a defined benefit plan, where accrued benefits represent a promised level of retirement income, accrued benefits in a defined contribution plan are strictly a function of the value of the participant's individual account.

In a Defined Contribution Plan,accrued Benefits Are the Difference Between