This study aims to analyze the impact of changes in Statement of Financial Accounting Standards Indonesia (PSAK) 24 Employee Benefits (Revised 2013) to equity, other comprehensive income (OCI), and stock returns. This research uses companies listed on Indonesia Stock Exchange (IDX) 2013 - 2016 as samples. Means comparison is used to test whether there is a significant difference of changes in equity before and after the implementation of the standard. The results show the changes in equity  after the application of PSAK 24 Employee Benefits (Revised 2013) is higher than before.  Using data panel regression, this study finds that OCI component from actuarial gains (losses) significantly affects stock return either when it is tested individually or together with other OCI components.