c. Compare the level and trend of postretirement benefit cost (on an economic basis and as reported), GE contributions. and benefits paid, and discuss any differences.

d. Explain why the expected return component of benefit cost Increased in 1999-2001 despite a steady decline in plan assets

e. Forecast 2002 postretirement benefit cost, stating any as- sumptions. GE states that the expected return on assets for 2002 will be 8 5.

f. Redo part e assuming no change in the expected return on as- sets from 2001. g. Calculate and justify the adjustments you would make to GE's balance sheet at December 31, 2001 to reflect the eco- nomic position of its postretirement benefit plans. h. State the two principal reasons for the difference between the adjustment amount in part g and the adjustment required at December 31, 1999.