Pls correct me if i am wrong but this is how i have understood the treatment of cash flows in pensions So, if the NI needs to be reconciled with CFO, we simply deduct employer contributions (cash expense) and add reported pension expense (non cash expense) to the NI BUT if we are reclassifying cash flows, then we compare employer contributions to economic pension expense (not reported pension expense) and adjust the difference net of taxes in CFO and CFF. If contributions are more than economic pension expense we treat it as a cash operating inflow and a cash financing outflow (like giving a loan) and vice versa if contributions are less than economic pension expense Am i right?