pension expense should subtract actual asset return or expected asset return? it will include: pension expense = Service Cost+ Interest Cost+Amortization of Unrecognized Prior Service Cost+Amortization of Unrecognized loss- actual (or expected ?) return on asset any other item should be included? Thanks.
Pension expense subtracts expected return while economic pension expense uses the actual return.
transition gain /loss is missing from the formula
add(substract) transition loss(gain)? include it in economic expense or just pension expense? Thanks. heeralm Wrote: ------------------------------------------------------- > transition gain /loss is missing from the formula