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This excerpt taken from the PBG 8-K filed Sep 16, 2009. Defined Benefit Pension
Plans – In the U.S. we participate in
non-contributory defined benefit pension plans for certain
full-time salaried and hourly employees. Benefits are generally
based on years of service and compensation, or stated amounts
for each year of service. Effective January 1, 2007, newly
hired salaried and non-union hourly employees are not eligible
to participate in these plans. Additionally, effective
April 1, 2009, we will no longer continue to accrue
benefits for certain of our salaried and non-union employees
that do not meet age and service requirements.
These excerpts taken from the PBG 10-K filed Feb 20, 2009. Defined Benefit Pension
Plans – In the U.S. we participate in
non-contributory defined benefit pension plans for certain
full-time salaried and hourly employees. Benefits are generally
based on years of service and compensation, or stated amounts
for each year of service. Effective January 1, 2007, newly
hired salaried and non-union hourly employees are not eligible
to participate in these plans. Additionally, effective
April 1, 2009, we will no longer continue to accrue
benefits for certain of our salaried and non-union employees
that do not meet age and service requirements.
Defined Benefit Pension Plans – In the U.S. we participate in non-contributory defined benefit pension plans for certain full-time salaried and hourly employees. Benefits are generally based on years of service and compensation, or stated amounts for each year of service. Effective January 1, 2007, newly hired salaried and non-union hourly employees are not eligible to participate in these plans. Additionally, effective April 1, 2009, we will no longer continue to accrue benefits for certain of our salaried and non-union employees that do not meet age and service requirements. These excerpts taken from the PBG 10-K filed Feb 27, 2008. Defined Benefit Pension
Plans – Our U.S. employees that were
hired prior to January 1, 2007 participate in
non-contributory defined benefit pension plans, which cover
substantially all full-time salaried employees, as well as most
hourly employees. Benefits generally are based on years of
service and compensation, or stated amounts for each year of
service. Effective January 1, 2007, newly hired salaried
and non-union hourly employees are not eligible to participate
in these plans. All of our qualified plans are funded and
contributions are made in amounts not less than the minimum
statutory funding requirements and not more than the maximum
amount that can be deducted for U.S. income tax purposes.
Defined Benefit Pension Plans – Our U.S. employees that were hired prior to January 1, 2007 participate in non-contributory defined benefit pension plans, which cover substantially all full-time salaried employees, as well as most hourly employees. Benefits generally are based on years of service and compensation, or stated amounts for each year of service. Effective January 1, 2007, newly hired salaried and non-union hourly employees are not eligible to participate in these plans. All of our qualified plans are funded and contributions are made in amounts not less than the minimum statutory funding requirements and not more than the maximum amount that can be deducted for U.S. income tax purposes. | EXCERPTS ON THIS PAGE:
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