[Solved] What is a heat sink? Other Postretirement Benefits: Benefits, other than pensions, provided to employees after they retire, such as health insurance. Accrual Basis: An accounting method that records income and expenses when they are earned or incurred, regardless of when cash transactions happen. Plan Assets: Plan assets refer to the pool of assets that are held by a pension fund or other employee benefit plan to fund the benefits owed to participants. Discount Rate: The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.