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The calculation of projected benefit obligation involves the use of both known and assumed information. Circle whether the following items are known or assumed. Also,

The calculation of projected benefit obligation involves the use of both known and assumed information. Circle whether the following items are known or assumed. Also, fill-in-the-blank for the two sentences below. PBO Information Known or Assumed (circle one) 1. Retirement Age Known / Assumed 2. Date of Death_________________ Known / Assumed 3. Pension Formula________________ Known / Assumed 4. Discount Rate________________ Known / Assumed 5. Current Salary________________ Known / Assumed 6. Future Salary Increases______________ Known / Assumed 7. Future Service Period_______________ Known / Assumed 8. Current Service Period______________ Known / Assumed Based on the lecture notes, complete the following sentences: 1. Known information will be captured in the ____________________________ component of total pension expense. 2. Assumed information will be captured in the ____________________________ component of total pension expense.

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