Examlex
List the three main causes for the Pleistocene glacial cycles.
Actuarial Loss
occurs when the actual experience under a pension plan deviates from expected assumptions, resulting in higher costs than projected.
Pension Expense
The cost recognized by an employer for maintaining a defined benefit pension plan for its employees over a specific period.
Plan Assets
Assets that are held within a pension or retirement plan for the purpose of funding participant benefits.
Actuarial Loss
A loss recognized when the actual experience under a pension plan deviates from expected assumptions, resulting in increased liabilities or decreased assets.
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