Calculations for the Entire Employee Pool Example #2: Comprehensive Example for Employee Pool Interest (Cost) Rate Expected rate of return on plan assets Actual rate of return on plan assets COMPONENTS OF THE PBO: Projected benefit obligation at the beginning of 2017 Service cost, 2017 Loss (gain) on PBO for the current year CYG//L on PBO from changes in assumptions Less: Benefits paid to retirees during the year Projected benefit obligation at the end of 2017 COMPONENTS OF THE PLAN ASSETS: Plan assets at the beginning of the year Cash contributions to the pension plan in 2017 Less: Benefits paid to retirees during the year (same as above) Plan assets at the end of 2017 $ 809,145 $ 97,390 $