a.
The value of total pension cost for the year as per IFRS.
Given information:
Fair value of plan assets at the beginning is $1,006,902.
Value of PVDBO at the beginning is $1,043,692.
Service cost is $58,084.
Interest on PVDBOat the beginning is $93,932.
Expected rate on plan assets is 9%.
Actual return on plan assets is $84,500.
Contribution for the year is $92,612.
Benefit paid for the year is $48,672.
Actuarial loss is $18,252.
b.
The value of the pension related other comprehensive income for the current year.
Given information:
Fair value of plan assets at the beginning is $1,006,902.
Value of PVDBO at the beginning is $1,043,692.
Service cost is $58,084.
Interest on PVDBOat the beginning is $93,932.
Expected rate on plan assets is 9%.
Actual return on plan assets is $84,500.
Contribution for the year is $92,612.
Benefit paid for the year is $48,672.
Actuarial loss is $18,252.
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