How are clubs dealing with regulations governing annual contributions to pension plans combined with low interest rates?

Over the last decade, clubs that offer a traditional defined benefit plan have seen changes in both financial reporting standards as well as modification to pension laws governing the funding of such plans.  Most notable was the employer requirement to recognize the overfunded or underfunded status of the defined benefit post-retirement plan as an asset or liability in the Statement of Financial Psoition (Balance Sheet).CDSUM14-cover

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