1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Whether your retirement plan is a defined benefit pension plan or defined contribution plan, both are assets and are part of your net worth and cash flow statement. Asset liquidity is somewhat relative depending upon the time you access your account. Product surrender charges, penalties and ordinary income taxes can all erode the actual value.
    Answered on September 5, 2013
  2. 5082 POINTS
    J Paul Wilson CFP, CHFC
    Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada
    From an individual perspective a pension plan is an asset. It would be included in your net worth. The rules around pension plans can be complex, so it is an asset, but you may not be able to access it until a stated date.

    From a company's perspective the pension is a liability, since the company is to varying degrees on the hook for funding.

    If you have further questions, or feel that I can be of assistance, please do not hesitate to contact me.
    Answered on June 13, 2014
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