Match the term and the definition.

The change in the PBO attributable to revisions to one or more of the estimates used to derive the PBOThe actuary's estimate of the present value of the total retirement benefits earned so far by employees,applying the pension formula using existing compensation levels The increase in the PBO attributable to interest that accrues on its balance as time passesThe actuary's estimate of the present value of the total retirement benefits earned so far by employees,applying the pension formula using estimated future compensation levelsThe increase in the PBO attributable to retroactive plan amendments that revise the way benefits aredetermined

Knowledge Check 01 Match the term and the definition. 1. 2 3 Accumulated benefit obligation Gain or loss on the PBO The change in the PBO attributable to revisions to one or more of the estimates used to derive the PBO The actuary's estimate of the present value of the total retirement benefits earned so far by employees, pplying the pension formula using existing compensation levels he increase in the PBO attributable to interest that accrues on its balance as time passes he actuary's estimate of the present value of the total retirement benefits earned so far by employees, pplying the pension formula using estimated future compensation levels he increase in the PBO attributable to retroactive plan amendments that revise the way benefits are etermined 4. Interest cost 5. Prior service cost Projected benefit obligation