Regulation & law · 10/12/2009Updated: 10/17/2026 · 1 min read

Federal Acquisition Regulation; FAR Case 2006-021, Postretirement Benefits (PRB), FAS 106

The Civilian Agency Acquisition Council and the Defense Acquisition Regulations Council are issuing a final rule to allow contractors to measure postretirement benefits costs using either the Internal Revenue Code 419 or the Financial Accounting Standard 106 criteria. This change aims to provide more flexibility in calculating PRB costs for federal contractors.