Pearl Acres sponsors a defined benefit pension plan. The corporation's actuary provides the following information about the plan. January 1, 2020 December 31, 2020 Vested benefit obligation Accumulated benefit obligation $510 $620 620 795 Projected benefit obligation 830 963 Plan assets (fair value) 560 780 Settlement rate and expected rate of return 10% Pension asset/liability 270 ? Accumulated OCI (PSC) 220 ? Service cost for the year 2020 8 100 Contributions (funding in 2020) Benefits paid in 2020 80 50 The average remaining service life per employee is 10 years.