PolyOne Announces Change in Pension Accounting

Published Apr 28, 2011

PolyOne Corporation (NYSE: POL) today announced that it is changing its policy for recognizing pension expense to a mark-to-market (MTM) method. Under the new MTM method of pension accounting, PolyOne will recognize actuarial gains or losses on pension obligations annually in the fourth quarter, as opposed to the current method which recognizes the amortization of the gains or losses over future periods.