Illustrate what was the amount of the projected benefit

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Reference no: EM13125543

The projected benefit obligation was $83 million at the beginning of the year. Service cost for the year was $12 million. At the end of the year, pension benefits paid by the trustee were $8 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuary’s discount rate was 3%.

What was the amount of the projected benefit obligation at year-end? (Enter your answer in millions rounded to 2 decimal places. Omit the "$" sign in your response.)

Reference no: EM13125543

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