End of the year PBO = Beginning of the year PBO + Service cost + Interest cost - Retiree benefits
End of the year PBO = $440 million + $24 million + (0.05 × $440 million) - $20 million
End of the year PBO = $466 million
The projected benefit obligation was $440 million at the beginning of the year. Service cost for...
The projected benefit obligation was $220 million at the beginning of the year. Service cost for the year was $13 million. At the end of the year, pension benefits paid by the trustee were $9 million and there were no pension-related other comprehensive income accounts. The actuary's discount rate was 5%. What was the amount of the projected benefit obligation at year-end? End of the year PBO million
The projected benefit obligation was $260 million at the beginning of the year. Service cost for the year was $15 million. At the end of the year, pension benefits paid by the trustee were $11 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%. What was the amount of the projected benefit obligation at year-end? End of the year PBO million
The projected benefit obligation was $340 million at the beginning of the year. Service cost for the year was $19 million. At the end of the year, pension benefits paid by the trustee were $15 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%. What was the amount of the projected benefit obligation at year-end? End of the year PBO million
The projected benefit obligation was $440 million at the beginning of the year and $472 million at the end of the year. Service cost for the year was $30 million. At the end of the year, there were no pension-related other comprehensive income accounts. The actuary’s discount rate was 5%. What was the amount of the retiree benefits paid by the trustee?
The projected benefit obligation was $280 million at the beginning of the year. Service cost for the year was $32 million. At the end of the year, pension benefits paid by the trustee were $17 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%. The actual return on plan assets was $16 million although it was expected to be only $15 million What was the pension expense for the year? Pension...
The projected benefit obligation was $320 million at the beginning of the year. Service cost for the year was $36 million. At the end of the year, pension benefits paid by the trustee were $19 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%. The actual return on plan assets was $18 million although it was expected to be only $17 million. What was the pension expense for the year? Pension...
The projected benefit obligation was $180 million at the beginning of the year. Service cost for the year was $22 million. At the end of the year, pension benefits paid by the trustee were $12 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary's discount rate was 5%. The actual return on plan assets was $11 million although it was expected to be only $10 million What was the pension expense for the year? millon...
The projected benefit obligation was $140 million at the beginning of the year and $149 million at the end of the year. At the end of the year, pension benefits paid by the trustee were $3 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary’s discount rate was 5%. What was the amount of the service cost for the year?
The projected benefit obligation was $480 million at the beginning of the year and $515 million at the end of the year. At the end of the year, pension benefits paid by the trustee were $22 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary’s discount rate was 5%. What was the amount of the service cost for the year?
The projected benefit obligation was $160 million at the beginning of the year and $165 million at the end of the year. Service cost for the year was $6 million. At the end of the year, pension benefits paid by the trustee were $2 million. The actuary's discount rate was 5%.At the end of the year, the actuary revised the estimate of the percentage rate of increase in compensation levels in upcoming years. What was the amount of the gain...