Am I on the right track? I think the answer is:

Debit - Pension Expense $107,041.70

Credit- Accrued Pension Liability $107,041.70

Debit - Retired Employee Insurance $43,718.91

Credit - Accrued Employee Health Insurance $43,718.91

Peyton Approved has revised its postretirement plan. It will now provide health insurance to retired employees. Management has requested that you report the short- and long-term financial implications of this.The company is currently employing 60, and actuaries estimate that the company has a pension liability of $107,041.70.The estimated cost of retired employees' health insurance is $43,718.91.

I need some help with the adjusting atries for the pension liability and the health insurance liability