Final answer:
Option A) Schedule of employer contributions is part of the required supplementary information for pension funds. This schedule is crucial for understanding the funding status as it provides historical insight into the employer's contributions to the pension plan.
Step-by-step explanation:
The student has asked which of the following is part of the required supplementary information (RSI) for pension funds. The options given were: A) Schedule of employer contributions, B) Statement of changes in plan net position, C) Schedule of plan assets, D) Statement of sources and uses of funds—all pension funds.
It's important to note that defined contribution plans such as 401(k)s and 403(b)s have become more prevalent as opposed to traditional defined benefit pension plans. Under these plans, the employer contributes a fixed amount to the retirement account, which is then invested. Defined contribution plans are advantageous as they are tax-deferred, portable, and can potentially protect retirees from inflation cost burdens.
In the context of RSI for pension funds, the Schedule of Employer Contributions represents a historical perspective of the amounts contributed to the pension fund by employers, which is essential for assessing the funding status of the pension plans over time. This makes option A) Schedule of employer contributions the correct choice as part of the required supplementary information.