All of the following are events that can change the projected benefit obligation (PBO)during a period except:
A) The payment of retirement benefits.
B) Amendments to the pension plan agreement
C) The interest accumulated on the liability.
D) All of these can change the PBO.

Question

Quizplus · Accepted Answer

All of the listed events can cause changes in the projected benefit obligation (PBO). The payment of retirement benefits reduces the PBO, while amendments to the pension plan agreement can increase or decrease it depending on the nature of the changes. Additionally, the PBO is affected by the interest accumulated on the liability, with higher interest rates leading to a higher PBO. Therefore, all of the listed events can change the PBO.

All of the Following Are Events That Can Change the Projected