FedEx Corp. Adopts Mark-to-Market Pension Accounting

2015-06-16T00:12:20-07:00June 16th, 2015|Categories: Defined Benefit Plans|Tags: , |

FedEx Corp. said today it has adopted mark-to-market pension accounting for its defined benefit pension and other post-retirement plans. This accounting change will have no effect on employees’ pension benefits or the funding requirements for any FedEx pension plans or FedEx cash flows. This accounting method will make FedEx’s operating performance easier to understand and more transparent by immediately recognizing actuarial gains and losses in the fourth quarter of the fiscal year rather than amortizing them over many years. [...]