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he information below pertains to the retiree health care plan of Thompson Technologies:2011 Beginning Balances 2011 Ending Balances Accumulated postretirement benefit obligation $ 345 $
he information below pertains to the retiree health care plan of Thompson Technologies:2011 Beginning Balances 2011 Ending Balances Accumulated postretirement benefit obligation $ 345 $ 363 Plan assets 0 43 Funded status (345) (320) Prior service cost-AOCI 93 64 Net gain-AOCI (36) (34) Thompson began funding the plan in 2011 with a contribution of $95,000 to the benefit fund at the end of the year. Retirees were paid $52,000. The actuarys discount rate is 5%. There were no changes in actuarial estimates and assumptions
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