question archive A city's annual pension expense represents   A

A city's annual pension expense represents   A

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A city's annual pension expense represents
 

A. actual cash contributions to the pension trust fund.

 

B. required payments to retired employees per the terms of the pension plan.

 

C. normal cost, as determined by an appropriate actuarial method.

 

D. change during that year in the city's net pension liability, subject to various adjustments

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