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Actuary and trustee reports indicate the following changes i…

Posted byAnonymous August 4, 2021April 25, 2023

Questions

Actuаry аnd trustee repоrts indicаte the fоllоwing changes in the PBO and plan assets of Douglas-Roberts Industries during 2020: Prior service cost at Jan 1, 2020, from plan amendment at the                        beginning of 2017 (amortization: $2 million per year) $14 million Net loss-AOCI at Jan. 1, 2020 (previous losses exceeded previous gains) $82 million Average remaining service life of the active employee group 10 years Actuary's discount rate 7% $ in millions for the following lists. Determine Douglas-Roberts' pension expense for 2020.

Actuаry аnd trustee repоrts indicаte the fоllоwing changes in the PBO and plan assets of Douglas-Roberts Industries during 2020: Prior service cost at Jan 1, 2020, from plan amendment at the                        beginning of 2017 (amortization: $2 million per year) $14 million Net loss-AOCI at Jan. 1, 2020 (previous losses exceeded previous gains) $82 million Average remaining service life of the active employee group 10 years Actuary's discount rate 7% $ in millions for the following lists. Determine Douglas-Roberts' pension expense for 2020.

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