The PBO Is Increased By

question 197

Multiple Choice

The PBO is increased by:

• A) An increase in the average life expectancy of employees.
• B) Amortization of prior service cost.
• C) An increase in the actuary's assumed discount rate.
• D) A return on plan assets that is lower than expected.

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Definitions:

Interference With Economic Relations

An intentional and wrongful act by one party that causes economic harm to another by disrupting their business relationships or contracts.

Breach Of Contract

A breach in not adhering to any part of a contract, whether it is in writing or oral form, without a sanctioned legal excuse.

Privacy Acts

Laws designed to protect the personal information of individuals from unauthorized access, use, or disclosure.

Damages

Compensation claimed by or awarded to a person as redress for a loss or injury.