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Actuary and trustee reports indicate the following changes i…
Actuary and trustee reports indicate the following 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.
Actuary and trustee reports indicate the following changes i…
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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