NTG » Topics » US Plan

These excerpts taken from the NTG 10-K filed Mar 2, 2009.

US Plan

 

     2008     2007     2006  

Assumptions used for year end disclosure:

      

Discount rate

   5.75 %   6.00 %   6.00 %

Initial medical cost trend rate

   *     6.50 %   7.50 %

Ultimate medical cost trend rate

   *     5.00 %   5.00 %

Assumptions used to determine net periodic cost:

      

Discount rate

   6.00 %   6.00 %   5.75 %

Initial medical cost trend rate

   *     7.00 %   8.00 %

Ultimate medical cost trend rate

   *     5.00 %   5.00 %

Average future lifetime (years)

   8.73     9.64     9.87  

 

(*) The Company’s contribution of the retiree medical and life insurance plans were frozen, effective January 1, 2008 at the level of 2007 expenses incurred and claims paid. Therefore, not applicable.

US Plan

 





























































































































   2008  2007  2006 

Assumptions used for year end disclosure:

    

Discount rate

  5.75% 6.00% 6.00%

Initial medical cost trend rate

  *  6.50% 7.50%

Ultimate medical cost trend rate

  *  5.00% 5.00%

Assumptions used to determine net periodic cost:

    

Discount rate

  6.00% 6.00% 5.75%

Initial medical cost trend rate

  *  7.00% 8.00%

Ultimate medical cost trend rate

  *  5.00% 5.00%

Average future lifetime (years)

  8.73  9.64  9.87 

 





(*)The Company’s contribution of the retiree medical and life insurance plans were frozen, effective January 1, 2008 at the level of 2007 expenses incurred and claims paid.
Therefore, not applicable.
These excerpts taken from the NTG 10-K filed Mar 17, 2008.

US Plan

 

      2007     2006     2005  

Assumptions used for year end disclosure:

      

Discount rate

   6.00 %   6.00 %   5.75 %

Initial medical cost trend rate

   6.50 %   7.50 %   8.00 %

Ultimate medical cost trend rate

   5.00 %   5.00 %   5.00 %

Assumptions used to determine net periodic cost:

      

Discount rate

   6.00 %   5.75 %   6.00 %

Initial medical cost trend rate

   7.00 %   8.00 %   8.50 %

Ultimate medical cost trend rate

   5.00 %   5.00 %   5.00 %

Average future lifetime (years)

   9.64     9.87     10.25  

US Plan

 


































































































































    2007  2006  2005 

Assumptions used for year end disclosure:

    

Discount rate

  6.00% 6.00% 5.75%

Initial medical cost trend rate

  6.50% 7.50% 8.00%

Ultimate medical cost trend rate

  5.00% 5.00% 5.00%

Assumptions used to determine net periodic cost:

    

Discount rate

  6.00% 5.75% 6.00%

Initial medical cost trend rate

  7.00% 8.00% 8.50%

Ultimate medical cost trend rate

  5.00% 5.00% 5.00%

Average future lifetime (years)

  9.64  9.87  10.25 

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