Pension Questions

What are examples of Actuarial Gain? WHat are examples of Acuarial Loss? What are examples of Prior Service Gain? What are exampes of Priot Service Loss? Thanks

actuarial gain/loss. Change my assumption of compensation growth rate from 4% to 5%. PBO goes from $1,000,000 to $1,500,000. acutarial loss of $500k prior service gain/loss: we are changing pension to give employees 50% of their final salary instead of 40%. PBO goes up $500k.