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Crane Inc. has a defined-benefit pension plan covering its 304 employees. Crane agrees to amend its pension benefits. The prior service cost associated with



 

Crane Inc. has a defined-benefit pension plan covering its 304 employees. Crane agrees to amend its pension benefits. The prior service cost associated with the amendment is $250000. The employees are grouped according to expected years of retirement, as follows: Number of Employees Expected Retirement on December 31 Group A 46 2025 B 76 2026 C 116 2027 D 66 2028 What is the service years total for the year ending December 31, 2026 and what is the overall total number of service years?

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