Pension Expense (Defined Benefit)
Formula
Service Cost + Interest Cost - Expected Return on Plan Assets ± Amortization of Prior Service Cost ± Amortization of Net G/L
CategoryPension
ComponentsService; Interest; Return; PSC Amort; G/L Amort
Example100 + 50 - 40 + 5 + 3 = $118K
External Links
- Pension#Accounting — Wikipedia