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minutes ) Dayton Products Ltd . has a separate pension plan for its management. This pension plan was put in place on January 1 ,
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Dayton Products Ltd has a separate pension plan for its management. This pension plan was put in place on January The plan initiation created a pension obligation of $ million. However, only $ million was put into the plan initially. On January the company improved the benefits for the plan, which increased the actuarial obligation by $
The pension plan's trustee and actuary provided the following information for the fiscal year ended December :
Financial statements for the pension trust show that, as at December
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