Practical Examples Relating to Bulletin D3 on Liabilities Derived from a Pension Plan

Abstract

A few years ago, the College of Accountants of the State of Sonora saw fit to publish in its Magazine an article that I wrote with the title “Procedure and Calculation of Annual Costs and Liabilities for Labor Obligations Derived from a Retirement Pension Plan.” In it, I tried to make the content of another article, published in a national circulation magazine, by the author C. P. Javier Cocina Martínez more understandable. On this occasion I address the same topic, but with greater detail, and variations that usually occur in real life, with the humble purpose that something may facilitate the understanding and application of calculations for those responsible for making decisions in companies. related to the issue, especially now that it has gained interest due to the problem related to the pension fund of social security institutions, not only in Mexico, but throughout the world.

When a company has evaluable certainty of the occurrence of a future obligation, convertible into cash that it has to disburse, derived from past events, it must quantify it as precisely as possible; make the corresponding forecasts and reflect their results in their financial statements: with contingent liabilities on the one hand, and with a real fund to meet said obligation, on the other.