Currently retired (former) employees (CRFE) are due their monthly payments. In addition, there is an actuarially determined amount (ADA) owed to current and future employees when they retire in the future. In the fund in which the pension is accounted for: A. both the amount owed to CRFE and the ADA are reported as liabilities B. only the balance owed to CRFE are reported as liabilities C. neither are recorded as liabilities - payments are reported as expenditures when they are disbursed