@davidkcfaprep There is more to it then simply following the balance sheet equation for pension accounting.
To start with, in the ideal world (where beer sells for free), you should never have to report anything on the balance sheet for pension accounting, meaning your return of assets will be equal to PBO. It’s like DC plan , company spends 100 bucks employee gets 100 bucks, all set and done, like wages. Now if there is discrepency between your PBO and returns, it must be because of something either the assumptions would have wrong or some planned change from the management. In either of these cases, you will either have asset or liability which is supposed to be very minimal (again ideally) if you were recording expenses in each period, of course this doesn’t happen.
Now what these guys want is to do is not record everything in one period, because that will fluctuate earning big time. For example, in the begining of year 2011, company announces that from now on company will be contributing 3% rather than 2% earlier. Now since announcement is made in 2011, ideally all expenses should have been recorded right then. But if that happens, in 2011 earnings would have been negative but in the next period it will be positive so in the past as well. Who will buy stock of this company if earnings vary to this extent? To avoid, this discrepency, what these guys do is defer the expenses. It’s exacly like you would do in case of any deferred expenses, the only difference is that this time it is recorded in OCI, rather than recording in the balance sheet account.
So in your 1st example, let’s say net pension liability is $1000. This must be becasue of either the changed assumption or planned change. If any of this happens, ideally you should record expense in income statement right then. But under IFRS, you have an option to defer(or bypass) the unrecognized expenses, so rather than recording this in IS, this liability will be balanced out with OCI.
2nd one should be failry easy for you to figure out now. Please let me know if you still need help on the second one.