Employee Benefits IAS 19R

[JEast]

I have noticed that some companies are reporting lower liabilities (some meaningful) on their pension plans due to this year's introduction to the International Accounting Standards Board revised standard 19R.

 

Is this just the catch-up of past actuarial gains/losses and plan service costs versus the strong markets of the last few years?  Any CPAs care to enlighten us on the matter :)

 

 

Cheers

JEast