Compute the pension expense and the amount of OCI for the two years with the following Pension Trustee Report and Pension Actuary Report:
Definitions:
Compensation
The full quantity of cash and other forms of rewards offered to an employee by their employer as compensation for services rendered.
Straight Commission
A compensation model where an employee's pay is based entirely on the sales they generate, with no base salary.
Profit-sharing Plans
A company program where employees receive a portion of the company's profits, linking compensation to the company's financial performance.
Total Control
A management approach where every aspect of a project, process, or organization is under direct control with no external influences.
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