with the firm since its inception at the beginning of $2023.$ As of the end of $2024,$ the actuary

cost of providing health care benefits to employees during their retirement years to have a

Each of the employees will become fully eligible for benefits after $20$ more years of service

retire for $35$ more years. The interest rate is $4\%.$

Required:

What is the expected postretirement benefit obligation at the end of $2024?$

What is the accumulated postretirement benefit obligation at the end of $2024?$

What is the expected postretirement benefit obligation at the end of $2025?$

What is the accumulated postretirement benefit obligation at the end of $2025?$

Answer is complete but not entirely correct.