BOARD HW \# 3: PENSION FUND JAN 1= 30,000 ACTUAL RETURN =5% CASE I: EXPECTED RET =8% CASE II: EXP RETURN =2% FOR EACH CASE: A) WHATS USED THIS YEAR? B) WHAT WILL IT DO TO PENS EXP THIS YR C) IS THE DIFF A DEFERRED GAIN OR DEFERRED LOSS? D) HOW MUCH IS THE DEF GAIN OR LOSS