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The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2016: (S in 000s) Jan. 1 Dec. 31 $4,200 $4,480 3,720
The following pension-related data pertain to Metro Recreation's noncontributory, defined benefit pension plan for 2016: (S in 000s) Jan. 1 Dec. 31 $4,200 $4,480 3,720 3,960 4,680 5,125 Projected benefit obligation Accumulated benefit obligation Plan assets (fair value) interest (discount) rate, 8% Expected return on plan assets, 10% Prior service cost-AOCI (from Dec. 31, 2015, amendment) Net loss-AOCI Average remaining service life: 10 years Gain due to changes in actuarial assumptions Contributions to pension fund (end of year) Pension benefits paid (end of year) 850 488 40 350 305
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