U.S.GAAP defines the primary measurement of the pension liability of the pension plan as the projected benefit obligation (PBO)-the future value of the amount the pension plan expects to pay to employees during retirement based on accumulated service but using the level of salary expected to serve as a basis for computing pension benefits.

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The Answer of U.S.GAAP defines the primary measurement of the pension liability of the pension plan as the projected benefit obligation (PBO)-the future value of the amount the pension plan expects to pay to employees during retirement based on accumulated service but using the level of salary expected to serve as a basis for computing pension benefits.

USGAAP Defines the Primary Measurement of the Pension Liability of the Pension