Rey Onate Jr.

BSA-3 ACCTG351-A1/C1

Timeline of IAS 19- EMPLOYEE BENEFITS

Date Developments/Amendments Comments/Remarks

April 1980 Exposure Draft

E16 Accounting for
Retirement Benefits in
Financial Statements of
Employers published

January 1983 IAS 19 Accounting for Issuance of the exposure draft into

Retirement Benefits in an accounting standard. Applicable
Financial Statements of for financial statements covering
Employers issued periods beginning on or after
January 1, 1985.

December 1992 E47 Retirement Benefit

Costs published

December 1993 IAS 19 Retirement Benefit Operative for financial statements

Costs issued covering periods beginning on or
after 1 January 1995

October 1996 E54 Employee
Benefits published

February 1998 IAS 19 Employee This was effective for financial

Benefits issued statements covering periods
beginning on or after 1 January
1999

July 2000 E67 Pension Plan

 Assets published

October 2000 Amendments to change the Operative for annual financial

definition of plan assets and
to introduce recognition,
measurement and disclosure
requirements for
reimbursements
statements covering periods
beginning on or after 1 January
2001

May 2002 Amendments to prevent the Operative for annual financial

recognition of gains solely as statements covering periods ending
a result of actuarial losses or on or after 31 May 2002
past service cost and the
recognition of losses solely as
a result of actuarial gains

5 December  ED 2 Share-based
2002 Payment published, proposing
to replace the equity
compensation benefits
requirements of IAS 19

February 2004 Amendments to change This was effective for annual

equity compensation benefits reporting periods beginning on or
requirements by IFRS after 1 January 2005.
2 Share-based Payment

29 April 2004 Exposure Draft Proposed

Amendments to IAS 19
Employee Benefits: Actuarial
Gains and Losses, Group
Plans and
Disclosures published
19 December Actuarial Gains and Losses, Effective for annual periods
2004 Group Plans and beginning on or after 1 January
Disclosures issued 2006

22 May 2008 Amendments by Annual Effective for annual periods

Improvements to beginning on or after 1 January
IFRSs (negative past service 2009
costs and curtailments)

20 August 2009 ED/2009/10 Proposed
amendments to IAS 19
discount rate for Employee
Benefits

29 April 2010 ED/2010/3 Published

amendments to Defined
Benefit Plans

16 June 2011 IAS 19 Employee Benefits is Effective for annual periods

superseded by an amended beginning on or after 1 January
version of IAS 19 and was 2013
issued in 2011

25 March 2013 ED/2013/4 Proposed
amendments to IAS 19
Defined Benefit Plans:
Employee Contributions

21 November  Defined Benefit Plans: Effective for annual periods

2013 Employee Contributions beginning on or after 1 July 2014
(Amendments to
IAS 19) issued
 25 September Amendments to Discount rate
2014 that will be based on regional
market issue amended
by Improvements to IFRSs
2014.
Effective for annual periods
beginning on or after 1 January
2016

7 February Issuance of Plan Amendment, Effective for annual periods

2018 Curtailment or Settlement beginning on or after 1 January
(Amendments to IAS 19). 2019

Reference:

Deloitte Global: Overview of IAS19- Employee benefits (2011). Retrieved from:

https://www.iasplus.com/en/standards/ias/ias19