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The secret requests of Facebook for information, that institutions like the Federal Intelligence Surveillance Court have made, highlight the tensions between
Projected Benefit Obligation
An actuarial estimate of the total present value of future retirement benefits earned to date, adjusted for expected future salary increases.
Prior Service Cost
The expense recognized in pension accounting when a plan is amended to increase benefits for service provided by employees in prior years.
Ending Balance
The amount of money in an account at the end of a financial period, after all transactions have been accounted for.
Plan Assets
The resources set aside to pay employee benefits under a pension or other post-employment benefit plan.
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