Log in

View Full Version : Pension expense


murtdoll
Dec 27, 2006, 08:22 AM
Is this the correct way to determine pension expense?

Service cost + interest cost - actual return on plan assets

CaptainForest
Dec 27, 2006, 05:34 PM
Pension Expense =
+ Service cost
+ Interest on the Liability
- Expected return on Plan Assets
+ Amortized Past Service Costs
+/- Amortized Net Actuarial Gain or Loss
+/- Amortized Transitional Asset or Obligation