Please enable JavaScript.
Coggle requires JavaScript to display documents.
Pensions (Net Periodic Pension Cost (PRIUS (P (Prior Service Cost…
Pensions
Net Periodic Pension Cost
Benefit Obligations
Reflects future compensation levels
Projected BO (PBO)
Reflects present compensation levels
Accumulated BO
PV of Pension Benefits accrued with present levels
PRIUS
P
Prior Service Cost Amortization
R
Return on Plan Assets (Estimated)
I
Interest
U
Unexpected Loss (Gains)
S
Service Cost
Interest
Beg PBO x Interest Rate
Since PBO increases over time
Service Cost
As employee work, PBO increases
Only Component of NPPC allowed as Operating Expense of IS
FV of Plan Assets
Use PBO
Overfunded
Asset
Non-Current only
Unfunded
Liability
Both Current and Non-Current
G/L
Goes to OCI Net of Tax
F/S Disclosures
Pension Funding Policies
Type of Assets Held
5 Year + 5 Year
5 Year of Benefits to be paid
5 Year of Benefits in aggregate after payment
Estimated Pension Contributions for next period
Vested Benefits
Owed to employee regardless of continuance of employment via the Full Eligibility Date