Stress Test Data Framework Dictionary 2017: Version 02

Pensions_liabilities_recon

These two sheets serve two purposes: They help explain the movements between projection points in the assets and the liabilities. Together they can be used to recreate the accounting statements (i.e. figures for the Profit & Loss Account) for the projection year. For this reason, each item should be interpreted as they would be under the relevant accounting standard (e.g. IAS19). For each sheet, only choose those items that are applicable in that projection year. Any Settlements, Curtailments, Past Service Cost or other special items should be explained in the relevant Unstructured Data Request – including if there is any different treatment between scenarios. Please also explain any difference in Employee and Employer contributions between scenarios. Also, please confirm that the Employer contributions into the scheme in each scenario are consistent with the outgoing contributions expected by the other Stress Testing work streams in the firm in projecting the non-pension items of the balance sheet. Treat Liabilities as a positive figure, and use the convention that any enumeration that increases the liabilities is positive and that decreases the liabilities is negative. This means that for each scheme / year / scenario, the balance at the start of the year plus the sum of all the items will equal the balance at the end of the year.

201702 CapitalAndOtherProjections

Order Field Name Enumeration Definition
1 Scenario Scenario Identifies the scenario.
2 Projection period Projectionperiod The period to which the associated projections relate.
3 Pension scheme The name of a defined benefit pension scheme.
4 Liability reconciliation item Liabilityreconciliationitem A classification of items in the reconciliation of movements in liabilities in a pension scheme, in accordance with IAS19 paragraphs 140 - 141.
5 Liability reconciliation amount A monetary amount associated with a liability reconciliation Item.