(redirected from Vested Benefit Obligation)
VBOVirtual Battery Operation
VBOVertex Buffer Object
VBOVested Benefit Obligation (pension valuation)
VBOValence Band Offset (semiconductor property)
VBOVerbond der Belgische Ondernemingen (Dutch: Federation of Belgian Enterprises; Belgium)
VBOVirtual Box Office (online ticket office)
VBOVertical Burnout
References in periodicals archive ?
For pension plans, employers no longer must disclose the vested benefit obligation and the accumulated benefit obligation.
The FASB also agreed to drop the unpopular proposal for an employer to disclose its vested benefit obligation. This "walk-away liability," which assumes that all employees entitled to benefits will quit tomorrow, was roundly criticized as meaningless.
Disclosure of "vested benefit obligation" (the obligation if all eligible employees retired immediately) is no longer required.
* Drop the proposed requirements that a minimum liability be recorded five years after the initial adoption of the statement and that the vested benefit obligation have special disclosure requirements.