(Solution) - State pension plans are defined in IAS 19 as multi employer -(2025 Original AI-Free Solution)

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State pension plans are defined in IAS 19 as multi-employer plans. Multi-employer plans can; be either of a defined benefit type or of a defined contribution type. Had you been in the position of the standard setter, would you have included the treatment of the state pension plans in the treatment of the multi-employer plans? Present arguments in favour of your answer.