SC + IC - Actual Return?? On sample one of the CFAi exam they add actual return…wtf?
that is right…service+interest minus actual return
I ran a search…looks like it was a negative return so you add it… this exam was easy – 83%…false confidence.
Hmm, looks VERY similar to a question that showed up on last year’s exam “Adjusted”…also seen it referred to as “Intrinsic” or “Economic” pension cost.