The following are the discussion topics for Chapter 14. This chapter is about pension and related issues. The contents are not only very comprehensive and informative on various issues with pension and post-retirement, but also useful even for your personal wealth and profession. You shall devote some time to read and understand the main ideas and techniques. The following are the topics for you to consider and answer: Discuss the difference between defined benefit and defined contribution pension plans. Discuss the cost approach and benefits approach actuarial funding methods. What is the minimum liability as it relates to reporting pensions on corporate financial statements? What four categories of information are required to be disclosed under the provisions of SFAS No. 35 (FASB ASC 960)? Discuss the Employee Retirement Income Security Act