Calculating Pension Obligation

CFA Level II
#1

Hey All,

For calculation of the pension obligation, will we have to use the current salary/years to retirement/compensation increas/discount rate/finant year salary FORMULA to determine anything? or will the beginning obligatiob be given to us in a way that we need to adjust it for the closing obligation?

#2

I would also like everything handed to me on a silver plate, but that’s normally not the case in real world…especially in exam world.

Prepare for the worst and hope for the best.