Scannell plc operates a pension plan, and is seeking advice on how to treat the pension plan in accordance with IAS 19 Employee Benefits. The following information relates to the pension plan Both the employees and Scannell plc contribute a percentage of gross salaries to the pension plan. On retirement, employees are guaranteed a pension, which is based upon the number of years service with the company, and their final salary. The fair value of the plan assets was 789,000 at 1 January 2022 and 670,000 at 31 December 2022. The present value of the obligation to provide benefits to employees was 840,000 at 1 January 2022 and 689,000 at 31 December 2022. The pension benefits paid