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Indicate by letter whether each of the events listed below increases (I), decreases (D), or has no effect (N) on an employer's periodic pension expense
Indicate by letter whether each of the events listed below increases (I), decreases (D), or has no effect (N) on an employer's periodic pension expense in the year the event occurs Events 1. Interest cost. 2. Amortization of prior service cost-AOCI. 3. Excess of the expected return on plan assets over the actual return. 4. Expected return on plan assets 5. A plan amendment that increases benefits is made retroactive to prior years. 6 Actuary's estimate of the PBO is increased. 7. Cash contributions to the pension fund by the employer. 8. Benefits are paid to retired employees. 9. Service cost. 10. Excess of the actual return on plan assets over the expected return 11. Amortization of net loss-AOCI. 12. Amortization of net gain-AOCI Indicate by letter whether each of the events listed below increases (), decreases (D), or has no effect (N) on an employer's projected benefit obligation. Events 1. Interest cost. 2. Amortization of prior service cost 3. A decrease in the average life expectancy of employees 4. An increase in the average life expectancy of employees 5. A plan amendment that increases benefits is made retroactive to prior years. 6. An increase in the actuary's assumed discount rate 7. Cash contributions to the pension fund by the employer. 8. Benefits are paid to retired employees. 9. Service cost. 10. Actual return on plan assets during the year are lower than expected 11. Actual return on plan assets during the year are higher than expected
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