What is ACCUMULATED BENEFIT OBLIGATION (ABO)?

Estimated present value of a pension assuming retirement when a certain amount is made. It is used to estimate pension liability. Refer to projected benefit obligation.

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Related Legal Terms
PROJECTED BENEFIT OBLIGATION (PBO), NORMAL RETIREMENT BENEFIT, DEFINED BENEFIT PLAN, ACCUMULATED VALUE, PAST SERVICE BENEFIT, ACCESSORY OBLIGATION, PRINCIPLE OF DECLINING MARGINAL BENEFIT, BENEFIT ALLOCATION METHOD, ALTERNATIVE OBLIGATION, SYNTHETIC COLLATERALIZED DEBT OBLIGATION (CDO)


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