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    awanod's Avatar
    awanod Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 7, 2008, 11:29 AM
    Projected benefit obligation
    Here is my question
    Data for 2007 were as follows: PBO, January 1, 240,000 and December 31,270,000;pension plan assets(fair value)Jan 1, 180,000 and Dec 31, 230,000. The projected benefit obligation was underfunded at the end of 2007 by how much?

    My answer is $40,000. Would this be the correct answer?
    MaggieMouse's Avatar
    MaggieMouse Posts: 226, Reputation: 8
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    #2

    Mar 12, 2008, 06:53 PM
    Agreed.
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