Accounting for Pensions and Postretirement Benefits

ACCOUNTING FOR PENSIONS PENSIUN EXPENSE

1. Berikut adalah informasi pension plan pada PT A pada tahun 2015 :

Interest revenue on plan asset $15.000, Benefit paid kpd pensiunan $40.000, Contributions $
90.000 , Discount interest rate $10 %, Defined benefit obligation 1 jan15 $500.000, Service
cost $60.000
Diminta :
a. Hitunng pensiun expense pada thun 2015
b. Sipakan jurnal yang diperlukan tahun 2015

Jawab :

a. Perhitungan pension expense:

Service cost $60.000
Interest expense 50. 000
Interest revenue (15,000)
Pension expense for 2012 $95,000
b.
Pension Expense 95,000
Cash 90,000
Pension Asset /Liability 5,000

PLAN ASSET , ACTUAL RETURN, PENSION WORKSHEET

2. Berikut informasi pensiun olan dari PT. P selama tahun 2015.

plan asset 1 jan15 $490.000
Defined benefit obligation 1 jan15 $490.000
Benefit paid kpd pensiunan $33.400
Contributions (funding) $ 25.000
Discount interest rate 8%
Service cost $40.000
Diminta :
a. Hitung pensiun expense dan , plan asset 31 fdes15
b. Buatlah jurnal thn 2015
c. Siapkan pension worksheet
d. Hitung actual return on the plan asset 2015

Jawab :

a. Perhitungan pension expense:

Service cost $40.000
Interest expense 39.200
Interest revenue (39.200)
Pension expense for 2015 $40. 000
Perhitungan plan asset 31 des15 :
Plan asset 1 Jan15 $490.000
 Interest revenue 39.200
contribution 25.000
benefit paid (33.400)
Plan Asst 31 des15 520.800
b.
Pension Expense 40. 000
Cash 25.000
Pension Asset /Liability 15.000
c. F
d. Perhitungan actual return
Plan asset 31 des15 $520.800
Plan Asset 1 jan15 (490.000)
30.800

increase in fair value of plan asset

deduct: contribution 25.000

add :benefit paid 33.400 8400

actual return 39.200

30.800 (25.000-33.400) = 30.800 + 8400 = 39.200