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Business, 01.04.2021 18:20 serafimharmane4944
A government has a single-employer defined benefit pension plan for its firefighters. At its December 31, 2019 fiscal year-end, the government had a total pension liability for the plan of $1,200,000 and the related pension's plan net position was $800,000. On December 31, 2020, the government had a total pension liability for the plan of $1,300,000 and the related pension's plan net position was $780,000. What is the government's net pension liability in its government-wide financial statements on December 31, 2020
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A government has a single-employer defined benefit pension plan for its firefighters. At its Decembe...
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