Question

The projected benefit obligation was $80 million at the beginning of the year and $85 million at the end of the year. Service cost for the year was $10 million. At the end of the year, there was no prior service cost and a negligible net loss–AOCI. The actuary's discount rate was 5%. What was the amount of the retiree benefits paid by the trustee?



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  • CreatedJuly 05, 2013
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