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What was the increase or decrease in pension expense

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Question - The projected benefit obligation and plan assets were $130 million and $160 million, respectively, at the beginning of the year. Due primarily to favorable stock market performance in recent years, there also was a net gain 01553 million. On average, employees' remaining service life with the company is 10 years. As a result of the net gain, what was the increase or decrease in pension expense for the year?

Reference no: EM133147221

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