Which type of retiree benefits plan is excluded from the Financial Accounting Statement 106 rule that states benefits should not be provided on a pay-as-you-go basis?

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Pension benefits are excluded from the Financial Accounting Statement 106 rule, which requires postretirement benefits other than pensions (such as healthcare, life insurance, etc.) to be accounted for on an accrual basis rather than a pay-as-you-go basis. Pension benefits are instead governed by Financial Accounting Statement 87.

Which Type of Retiree Benefits Plan Is Excluded from the Financial