Pensions

Question 1

Required Pension Disclosures (Name 3)

Answer 1

Desc of key plan elements
Components of pension expense
Recon of PBO and FV of plan assets
Funded Status
Rates used in measuring benefit amounts
Best est of next year contributions

Question 2

How to determine over/under funded

Answer 2

PBO-FV plan assets

Question 3

Components of Net Pension Exp

Answer 3

Service Cost
\+Int Cost
-Actual Return
\+G/L-(+) Loss (-)Gain
\+Amort of prior service cost

Question 4

Actual Return on Assets Calc

Answer 4

FV EOY
\+FV Beg
\+Cont
-Ben Paid
=Return on Plan