Current costs of a pension plan that occur each year due to service credits earned after the inception of the plan are called:

Name: Current costs of a pension plan that occur each year due to service credits earned after the inception of the plan are called:
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Service costs are the current costs of a pension plan that occur each year due to service credits earned after the inception of the plan. These costs represent the present value of the new benefits earned by employees during the current period.

Current Costs of a Pension Plan That Occur Each Year