Dear Michael, I am still waiting for the clarification and whether you accepted to answer the two questions below that I asked yesterday. Thank you. Based on the attached scenario and information. #1: How will I compute the costs associated with keeping the current plan versus the costs of a defined contribution plan where the employer pays 3% of payroll? And #2: How will I compute a new post employment benefit expense for 2007 and report this to the manager. Note: Please illustrate with schedules and notes.
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