Remeasurements, return on plan assets recognized in other
comprehensive income and equity 65 37
Contributions by employees 26 22
Contributions by employer 101 85
Benefits paid (26) (33)
Administrative expenses paid from plan assets (2) (2)
Plan assets, December 31 $ 1,037 $ 833
The table below shows the accrued benefit obligations arising from
funded obligations for the years ended December 31, 2013 and 2012.
2013 2012
Accrued benefit obligations, January 1 $ 1,167 $ 817
Service cost 71 46
Interest cost 52 45
Benefits paid (26) (33)
Contributions by employees 26 23
Remeasurements, recognized in other comprehensive
income and equity (81) 269
Accrued benefit obligations, December 31 $ 1,209 $ 1,167
The table below shows the effect of the asset ceiling for the years
ended December 31, 2013 and 2012.
2013 2012
Asset ceiling, January 1 $– $–
Interest income – –
Remeasurements, change in asset ceiling (excluding interest
income) recognized in comprehensive income and equity (9) –
Effect of changes in foreign exchange rates – –
Asset ceiling, December 31 $ (9) $–
Plan assets are comprised mainly of pooled funds that invest in common
stocks and bonds that are traded in an active market. The table below
shows the fair value of the total pension plan assets by major category
for the years ended December 31, 2013 and 2012.
2013 2012
Equity securities $ 631 $ 480
Debt securities 403 348
Other – cash 3 5
Total fair value of plan assets $ 1,037 $ 833
118 ROGERS COMMUNICATIONS INC. 2013 ANNUAL REPORT