The assets of a pension plan held by a funding agency. These are usually any assets or investments transferred into the fund. To qualify as plan assets, assets must be segregated in a pension fund and not available for use by management for purposes other than satisfying pension obligations, even in the event of the employer’s bankruptcy.
pension funds
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amortized prior service cost
Amortized prior service costs are one of the five components of pension expense. The other components are service cost, interest cost, expected return on plan assets, and amortized gains or losses.
amortized gains or losses
Often referred to as the actuarial gains or losses, this is one of five components of pension expense. The other components are service cost, interest cost, expected return on assets and amortized prior service cost.