Describe the relationship among employers, employees, and pension fund management entities? Write a paragraph

Introduces the concept of pension expense and its components.

The definition and calculation formula for "pension expense," "pension obligation," and "pension assets."

Explain what pension obligation is with a simple example? Write a paragraph

How to account for pension plans under the conditions: (1) pension expense equal to pension funding, and (2) pension expense great than pension funding, and (3) the expected return is different from the actual return.

What kind of condition can make the expected return different from the actual return? Write a paragraph

How to account for pension plans under the conditions: pension expense, including amortization of prior service cost.

Introduces the Corridor Amortization approach, and it also exemplifies how to account for net gain or loss with the Corridor Amortization approach.

What does corridor mean in this chapter? Write a paragraph