tricky pension Q

I’m f-ed for this exam.

Just make sure you show up and stay for the whole exam :slight_smile:

don’t give up. i feel the same way about several topics in FSA.

yeah there are several of those really shitty topics… for me reading 30 is not my strong area…

Dudes, I posted on this about 2-3 weeks ago. I thiknk the problem that most people were having is they started with a +85 instead of -85. Remember it is UNDERFUNDED. Watch for the little things. I f*cked it up the very first time I saw this too.

70

I got it. Since “the underfunded” under new rule is the real fund status, all we need to do is to add those old craps back to get the OLD reported liability. that’s why MMMMMMM called it indirect method… right?

Right. You got it!

-85-12+27 = 70 (Liability)

i know the answer is 70, but when I think logically i get 100 think this way funded=915 PBO=1000 thus 85 underfunded adjust PBO 1000-12+27=1015 new underfund figure 915-1015=100 HELP!