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Information for the Carla Vista Company pension plan in 2026 is as follows: Service cost is $74000 Settlement rate is 10%, expected rate of return
Information for the Carla Vista Company pension plan in 2026 is as follows: Service cost is $74000 Settlement rate is 10%, expected rate of return is 10% Actual return on plan assets is $240000 There are no prior service costs to amortize Annual funding contribution is $99000 Benefits paid to retirees during the year are $79000 Average service life of all covered employees is 15 years The projected benefit obligation on January 1, 2026 was $1190000 The value of plan assets on January 1, 2026 was $990000 The balance in Other Comprehensive Income-Gains/Losses is a $225000 credit on December 31, 2025
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