BWA » Topics » Certain defined benefit pension plans we sponsor are currently underfunded.

These excerpts taken from the BWA 10-K filed Feb 12, 2009.
Certain defined benefit pension plans we sponsor are currently underfunded.
 
We sponsor certain defined benefit pension plans worldwide that are underfunded and will require cash payments. Additionally, if the performance of the assets in our pension plans does not meet our expectations, or if other actuarial assumptions are modified, our required contributions may be higher than we expect. See Note 12, “Retirement Benefit Plans” to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K.
 
Certain
defined benefit pension plans we sponsor are currently
underfunded.



 



We sponsor certain defined benefit pension plans worldwide that
are underfunded and will require cash payments. Additionally, if
the performance of the assets in our pension plans does not meet
our expectations, or if other actuarial assumptions are
modified, our required contributions may be higher than we
expect. See Note 12, “Retirement Benefit Plans”
to the Consolidated Financial Statements in the Company’s
Annual Report on
Form 10-K.


 




This excerpt taken from the BWA 10-K filed Feb 16, 2007.
Certain defined benefit pension plans we sponsor are currently underfunded.
 
We sponsor certain defined benefit pension plans worldwide that are underfunded and will require cash payments. Additionally, if the performance of the assets in our pension plans does not meet our expectations, or if


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other actuarial assumptions are modified, our required contributions may be higher than we expect. See Note 12 of the Notes to Consolidated Financial Statements in the Company’s Annual Report.
 
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