This excerpt taken from the NDAQ 8-K filed Aug 1, 2008.
1. Pension Plan
The Company participates in a trusteed noncontributory pension plan and a postretirement benefit plan covering substantially all employees of the Parent and its subsidiaries. The Company provides defined benefits which are generally a function of years of service and based on an employees average pay over the employees career with the Company.
The Exchanges net periodic pension cost and other postretirement benefits costs include the following components:
NOTE M - EMPLOYEE BENEFITS - Continued
This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.
18. Pension plan
PHLX funds its pension plan subject to the full funding limitation of the Employee Retirement Income Security Act of 1974. PHLX follows SFAS No. 132R (revised), Employees Disclosures about Pensions and Other Postretirement Benefits.