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Misconception · MIS:pension-asset-gain-or-loss-can-be-handled-as-a-shortcut

Mistaken idea “Mistaken idea: Actual return above expected return is current pension income”

Mistaken reasoning: A learner may assume that actual return above expected return is current pension income. The correction keeps the pension or postretirement schedules distinct.

Updated Sep 11, 2026 Review due Dec 11, 2026

Why this is mistaken

Wrong: Actual return above expected return is current pension income.

Correction: The difference enters the gain-or-loss and OCI/AOCI bridge before any later amortization.

Where to watch

When this mistake may appear

  • A benefit-plan analysis treats this claim as true: Actual return above expected return is current pension income.
Check your work

Your work may contain this mistake if:

  • Actual return above expected return is current pension income.