BenefitsLink Message Boards > Earnings on Forfeitures

m.n.ouellette

Jan 5 2009, 03:45 PM

I should know this, I know....

Do I let forfeitures share in earnings (well, a big loss!) in a pooled account, balance forward plan?

Thanks, marna

WDIK

Jan 5 2009, 04:35 PM

I believe that this is a document related provision.

m.n.ouellette

Jan 5 2009, 04:38 PM

QUOTE (WDIK @ Jan 5 2009, 04:35 PM)

I believe that this is a document related provision.

I can't find it! I've looked and will look again tomorrow... maybe I'm still asleep from the long weekend! Thanks.

PLAN MAN

Jan 5 2009, 05:45 PM

How are you accounting for the forfeitures? How are forfeitures to be used?

m.n.ouellette

Jan 6 2009, 09:45 AM

QUOTE (PLAN MAN @ Jan 5 2009, 05:45 PM)

How are you accounting for the forfeitures? How are forfeitures to be used?

They reduce the contribution. Not allocated.

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