WHICH OF THE FOLLOWING CHANGES IN PENSION ASSUMPTIONS WILL DECREASE...

3. Which of the following changes in pension assumptions will decrease the projected benefit obligation (PBO) of a pension plan? A. A decrease in the rate of compensation growth. B. Increase in the expected rate of return. C. Decrease in the discount rate. LO.d: Explain and calculate the effect of a defined benefit plan’s assumptions on the defined benefit obligation and periodic pension cost.