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Oriole Company received the following selected information from its pension plan trustee concerning the operation of the company s defined benefit pension plan for the
Oriole Company received the following selected information from its pension plan trustee concerning the operation of the companys defined benefit pension plan for the year ended December
January
December
Projected benefit obligation
$ $
Marketrelated and fair value of plan assets
Accumulated benefit obligation
Accumulated OCI GLNet gain
The service cost component of pension expense for employee services rendered in the current year amounted to $ and the amortization of prior service cost was $ The companys actual funding contributions of the plan in amounted to $ The expected return on plan assets and the actual rate were both ; the interestdiscount settlement rate was Accumulated other comprehensive income PSC had a balance of $ on January Assume no benefits paid in
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