0348-AB75 202310 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 0348 Office of Management and Budget OMB Cost Accounting Standards: CAS 413 Pension Adjustments for Extraordinary Events

The Cost Accounting Standards (CAS) Board is developing changes to its standards that would clarify the application of the CAS Pension Harmonization Rule to the measurement of segment closings and benefit curtailment adjustments under 48 CFR section 9904.413-50(c)(12). In the Federal Register Notice for the Pension Harmonization Rule, the Board acknowledged that there were numerous issues concerning the measurement of the actuarial liability upon the occurrence of a segment closing or benefit curtailment (CAS 413 adjustments). Because of the possibility of unintended consequences if all the issues are not fully vetted, the Board has decided to separately address the applicability of the Pension Harmonization Rule to the CAS 413-50(c)(12) adjustments and other related concerns in this proposed guidance.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Prerule Stage No No 48 CFR sec. 9904.413-50(c)(12) Pub. L. No. 111-350, 124 Stat. 3677, 41 U.S.C. 1502 No Staff Discussion Paper and Advance Notice of Proposed Rulemaking 05/00/2024 No No Federal No No No No Mathew Blum Associate Administrator 0348 Office of Management and Budget OMB 202 680-9579 mathew_c._blum@omb.eop.gov Office of Federal Procurement Policy, 725 17th Street NW, Washington DC 20500