Examlex
Which of the following is NOT one of Dawson and Andriopoulos's "general lessons" concerning change management practice?
Actuarially Determined Discount Rate
This refers to the interest rate used in the actuarial valuation to discount future pension obligations to present value, reflecting the expected rate at which the pension plan's liabilities can be funded or settled.
Pension Liability
The amount of money a company is required to pay into its employees' retirement plans in the future.
Accumulated Benefit Obligation
An estimate of the total amount of an employer's obligation for pension benefits earned by employees to date, not based on future salary increases.
Plan Assets
Assets specifically identified to fund the obligations of a pension or other employee benefit plan.
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