The economic status of the pension plan at a given date is the difference between the fair value of the plan assets and the projected benefit obligation.

Question

Quizplus · Accepted Answer

The economic status of a pension plan is calculated as the fair value of plan assets minus the projected benefit obligation (PBO). This calculation is typically used to determine whether a pension plan is overfunded or underfunded at a given date.

The Economic Status of the Pension Plan at a Given