F7/M3 Post retirement Benefits Other Than Pensions

Question 1

Attribution period (Accrual of benefit expenses)

Answer 1

Begins at employees date of hire

Ends at eligibility date

Question 2

Net Post retirement Benefit Cost

Answer 2

SIR AGE (Same as Net Periodic Pension Expense for Pensions)

Question 3

E. Amortization of the Transition Obligation

Answer 3

Use 20 years not 15

There is an option to expense immidiately

Question 4

Funded Status

Answer 4

FV of Plan Assets
< APBO >
(=)
Funded Status

Question 5

Have to disclose a sensitivity analysis

Answer 5

Disclosures

Question 6

Pension Plan and sponsoring company are two different entities

Answer 6

True