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Word(s) in meaning: chat  "global warming"
Postal codes: USA: 81657, Canada: T5A 0A7

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What does ARC stand for?

Annual Required Contribution


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government

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Samples in periodicals archive:
Those that don't pay this annual required contribution — amounts meant to close the unfunded liability — must count it as current debt.
Employers usually fund their pension liabilities by paying an annual required contribution (ARC), which actuaries use to determine the annual pension cost or expense charged on the government-wide financial statement.
If assets are properly invested, fluctuations in the annual required contribution can be significantly minimized and more closely match the sum of individual ac count credits plus interest.
The district has a sizeable pension liability but the funding level is adequate at 76% and the district continues to fund the annual required contribution.
They argue they lack the funds to cover the annual required contributions, while listing them as current debts threatens their ability to issue low-interest financing bonds.
Conversely, employers are required to report a liability for the cumulative effect of any failure on their part to fully fund their annual required contributions to finance future benefit payments (consistent with a funding focus).
The expense is the employer's annual required contribution (ARC) to the plan, with adjustments for net obligations for past under or over contributions.
Officials intend to ramp up to full funding of the OPEB annual required contribution by fiscal 2014, which demonstrates sound long-term planning.

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