Pensions

Question 1

Accounting for Pension Expense - elements of calculation:

Answer 1

\+Service Costs
\+Interest Cost
-Expected return on plan assets
\+/- Amortization of prior service cost or credit
\+/- Amortization of net gain or loss
=Net Periodic Pension Expense

Question 2

Accounting for Pension Expense - elements of calculation:

Answer 2

\+Service Costs
\+Interest Cost
-Expected return on plan assets
\+/- Amortization of net gain or loss
\+/- Amortization of prior service cost or credit
=Net Periodic Pension Expense