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Children begin to use language to express their feelings
Actuarial Assumptions
Hypothetical conditions used for projecting financial or insurance outcomes, involving demographic, economic, and other factors.
Prior Service Cost
The cost associated with the increase in pension benefits related to years of service credited in a pension plan amendment.
Straight-Line Basis
A method of calculating depreciation and amortization by evenly spreading the cost of an asset over its useful life.
Pension Retirement Benefits
Long-term benefits or compensations provided to employees upon retirement, which may include contributions made by the employer to a pension plan.
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