Total Pension expense

CFA Level II FRA
#1

What is the right formula for total pension expenses? schweser says it is employer contribution less (end funded status - beginning funded status) while as per Fitch it is reverse tht is change in funded status less employer contribution

#2

it depends on whether you define funded status as assets less liabilities or liabilities less assets.

if we define it as assets less liabilities, then: change in funded status = employer contribution - TPPC

#3

TPPC = employer contributions - (end funded status - start funded status) is what I’ve always used.

#4

See this post for a very nice description of pension expense - this is what I use.