Funding Status

The last valuation as of August 31, 2007, showed the Plan to be under funded. As explained in the August 2008 Pension Funding Update, with assets of about $173 million on August 31, 2007, the Plan had a shortfall of just over $10 million. The next valuation is scheduled for August 31, 2010.

Full Issue: No. 170 - December 2008

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