Solution-Reconciliation of funding status

Reconciliation of funding status

Reference no: EM13553591

Reconciliation of Funding Status

From the following information for each of three independent cases, prepare the pension note disclosure that outlines the items that go into the computation of the net prepaid/ accrued pension cost reported in the balance sheet.

	(in thousands)
	Case 1	Case 2	Case 3
Projected benefit obligation	$12,500	$6,290	$890
Accumulated benefit obligation	9,700	4,100	750
Fair value of the pension fund	15,300	4,200	650
Market-related value of the pension fund	12,800	5,000	560
Unrecognized net (gain) or loss from prior years	(200)	(850)	100
Unrecognized prior service cost	800	2,300	125
Recorded additional liability	0	0	85
Prepaid/(accrued) pension cost	3,400	(640)	(15)

Reference no: EM13553591

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Reconciliation of funding status

Reference no: EM13553591

Reference no: EM13553591

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