Prepayment credit

(16) Prepayment credit means the amount funded in excess of the pension cost assigned to a cost accounting period that is carried forward for future recognition. The Accumulated Value of Prepayment Credits means the value, as of the measurement date, of the prepayment credits adjusted for income and expenses in accordance with 9904.41350(c)(7) and decreased for amounts used to fund pension costs or liabilities, whether assignable or not.

Source

48 CFR § 9904.413-30


Scoping language

None
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