Originally Posted by
FDXLAG
Correct me if I am wrong but: The balance sheet did not significantly change when people were excluded. Less people take out but less money also goes in. It is funded based on how many people are in the program and what their take will be. Less expected out less goes in.
Less goes into a different plan(cash bal). The pension plan has fewer liabilities each year. Not and R and I guy just doing some reasoning.
Also, when the Company floated that plan for us, I believe they guaranteed us something like 3% return on our money. Problem was if it returned more than that they kept it.
Past...