FASB ASC 14-1 Settlement and curtailment of a defined benefit pension plan

Search the FASB ASC database for answers to the following questions. For each question, cut and paste your findings, citing the sources. Then write a brief summary response to the question asked.

1. What is the difference between a settlement and a curtailment of a defined benefit pension plan? Give an example of each.

2. Can a settlement and a curtailment occur simultaneously? If so, give an example.

3. How would a company compute the maximum gain or less to recognize when a settlement occurs?

4. How would a company treat any remaining unrecognized prior service cost under a curtailment?