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The projected benefit obligation was $460 million at the beginning of the year and $493 million at the end of the year. Service cost for
The projected benefit obligation was $460 million at the beginning of the year and $493 million at the end of the year. Service cost for the year was $31 million. At the end of the year, there were no pension-related other comprehensive income accounts. The actuarys discount rate was 5%.
What was the amount of the retiree benefits paid by the trustee?
Note: Enter your answer in millions (i.e., 10,000,000 should be entered as 10).
X Answer is complete but not entirely correct
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