Below, this will be referred to as the total expense to be recognized. At the end of each reporting period, the total expense to be recognized is an estimate of the future cash outflow to provide the payouts.
The amount below, which will be used for accounting purposes, represents the total expense expected to be incurred in the future.  At the end of each reporting period, this total expense is a projection of the future cash outflows needed to pay out the amounts owed.