Question: Given the pension information in the table below, answer the following questions. Projected benefit obligation, 1/1/FY10 Pension Plan assets, 1/1/FY10 Service cost Interest cost
Given the pension information in the table below, answer the following questions. Projected benefit obligation, 1/1/FY10 Pension Plan assets, 1/1/FY10 Service cost Interest cost Amortization of PSC Increase in PBO due to change in actuarial assumptions Expected rate of return on plan assets Contribution Benefits paid What is the beginning pension asset or liability balance? 250,000 280,000 20,000 25,000 5,000 15,000 8% 31,000 23,000
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