a defined benefit pension plan had the following activity during the fiscal year: dividends and interest received $ 92,000 contributions received from employers and employees 340,000 administrative expenses 45,400 investments purchased 155,000 increase in fair value of investments at year-end 36,750 what should be reported as the total additions in the pension plan's statement of changes in net assets available for benefits?

Pension is a retirement savings plan offered by an employer or government program. It is designed to provide a steady income during retirement, usually after an employee has reached a certain age or has worked for a certain number of years. Pensions are funded by employee and employer contributions, and often supplemented by government contributions. The funds are then invested in stocks, bonds, mutual funds, and other investments in order to generate returns and grow the pension fund. Upon retirement, the employee will then receive a regular income from the pension fund. Pensions may also provide death benefits to survivors, as well as disability benefits in some cases. Pensions are an important part of retirement planning and can provide a secure source of income for retirees.

This is calculated by adding the dividends and interest received ($92,000), contributions received from employers and employees ($340,000), investments purchased ($155,000), and the increase in fair value of investments at year-end ($36,750). Administrative expenses ($45,400) are not included as an addition in the statement of changes in net assets available for benefits.

To learn more about pension
https://brainly.com/question/18522006
#SPJ4