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Business, 14.02.2020 21:59 isiss18

The projected benefit obligation was $260 million at the beginning of the year. Service cost for the year was $30 million. At the end of the year, pension benefits paid by the trustee were $16 million and there were no pension-related other comprehensive income accounts requiring amortization. The actuaries discount rate was 5%. The actual return on plan assets was $15 million although it was expected to be only $14 million. What was the pension expense for the year

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