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Unformatted text preview: Aggregate Cost Methods, calculate the following: 1. the first year normal cost 2. the initial accrued liability 3. the total contribution for the first year Second Year Calculations As of January 1, 2007, the XYZ Corporation employee census is unchanged, except that each employee is one year older and has one additional year of service. The pension fund earned 6.0%, as expected, during 2006. The contributions due were made on January 1, 2006. Calculate the following for each of the Unit Credit, Entry Age Normal, Individual Level Premium, FIL(UC) and Aggregate Cost Methods: 1. the second year normal cost 2. the 1/1/07 accrued liability 3. the pension fund on 1/1/07 4. the total contribution for the second year...
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- Winter '07