Corporate employees are expected to retire on average in 25 years and to live 16 years after retiring.The pension plan's interest (discount)rate is 12% and the expected return on plan assets is 10%.Compute the PBO (Projected Benefit Obligation)if total annual benefits expected to be paid out to retirees is expected to be $210, 000.The following factors are available: $\begin{array}{ll}
&10\%&12\%\
\text { Present value of an annuity for } 16 \text { years } & 7.824&6.974 \
\text { Present value of } \$ 1 \text { for } 25 \text { years } & .0923&.0589
\end{array}$

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The Answer of Corporate employees are expected to retire on average in 25 years and to live 16 years after retiring.The pension plan's interest (discount)rate is 12% and the expected return on plan assets is 10%.Compute the PBO (Projected Benefit Obligation)if total annual benefits expected to be paid out to retirees is expected to be $210, 000.The following factors are available: $\begin{array}{ll}
&10\%&12\%\
\text { Present value of an annuity for } 16 \text { years } & 7.824&6.974 \
\text { Present value of } \$ 1 \text { for } 25 \text { years } & .0923&.0589
\end{array}$

Corporate Employees Are Expected to Retire on Average in 25