International Paper Company's 2016 annual report disclosed the following pension information:
Benefit obligations and fair values of plan assets as of December 31, 2016, for International Paper's pension and postretirement plans are as follows:

a. What is the funded status of the company's U.S. pension plans? What proportion of total pension obligation is funded?
b. What proportion of total post-employment obligation is funded? Briefly explain why this is so.

Question

International Paper Company's 2016 annual report disclosed the following pension information:
Benefit obligations and fair values of plan assets as of December 31, 2016, for International Paper's pension and postretirement plans are as follows:
  
a. What is the funded status of the company's U.S. pension plans? What proportion of total pension obligation is funded?
b. What proportion of total post-employment obligation is funded? Briefly explain why this is so.

Quizplus · Accepted Answer

The Answer of International Paper Company's 2016 annual report disclosed the following pension information:
Benefit obligations and fair values of plan assets as of December 31, 2016, for International Paper's pension and postretirement plans are as follows:
  
a. What is the funded status of the company's U.S. pension plans? What proportion of total pension obligation is funded?
b. What proportion of total post-employment obligation is funded? Briefly explain why this is so.

International Paper Company's 2016 Annual Report Disclosed the Following Pension