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Discuss Watson's review of the research on empathy.
Actuarially Determined
Calculations made based on actuarial methods and assumptions, often used in determining pension liabilities and insurance premiums.
Pension Benefit Obligation
The reported estimate of the total amount due to employees in relation to pension benefits as per the terms of the pension plan.
Interest Cost
The total amount of interest that will be incurred over the lifetime of a debt.
Service Cost
The actuarial present value of benefits attributed by the pension plan formula to employee service during the period.
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