Business, 19.04.2021 15:40 lollipop83

The projected benefit obligation was $280 million at the beginning of the year and $300 million at the end of the year. Service cost for the year was $18 million. At the end of the year, there were no pension-related other comprehensive income accounts. The actuary’s discount rate was 5%. What was the amount of the retiree benefits paid by the trustee?

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The projected benefit obligation was $280 million at the beginning of the year and $300 million at t...