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Old 06-17-2010 | 01:05 PM
  #40735  
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acl65pilot
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Joined: Jun 2006
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From: A-320A
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Plan
Year
DC Plan Flat
Percentage of
earnings
2008 4.0%
2009 4.5%
2010 6.0%
2011 8.0%
2012 9.0%*

* If the minimum funding requirement under Section 402 of the Pension
Protection Act of 2006 for the NWA Pension Plan for the plan year beginning
October 1, 2011 is less than $15 million, then the DC Plan flat percentage of
earnings will instead be 10% for earnings paid on and after April 1, 2012;
11% for earnings paid on and after July 1, 2012; and 12% for earnings paid on
and after October 1, 2012. If the minimum funding requirement equals or
exceeds $15 million, the DC Plan flat percentage of earnings will be increased
from 9% to 12% effective for earnings paid after December 31, 2012. The
Company’s actuary will determine the funding requirement by December 31,
2011 and the Company will review this determination with the NWA MP3
Retirement Board.

For of those of us that are too lazy to look it up.