Examlex
The main difference between the exemplar model and the prototype model is that the prototype model is defined by _____ of the category and the exemplar model is defined by _____ of the category.
Pension Liability
The present value of the future pension payments that a company is obligated to pay to its retired employees, representing a financial liability on the company’s balance sheet.
Projected Benefit Obligation
A liability amount in a company's pension plan, estimating the total benefits to be paid to employees in the future.
Plan Assets
Investments and other assets held by a pension fund to be used for the payment of retirement benefits to participants.
Postretirement Benefit Expense
The cost recognized by companies related to the various benefits provided to employees after retirement.
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