WAB » Topics » Pension Benefits

This excerpt taken from the WAB DEF 14A filed Apr 10, 2008.

Pension Benefits

 

The following table provides information about qualified and non-qualified benefits from pension and supplemental executive retirement plans as of or for the year ended December 31, 2007 for the individuals named in the Summary Compensation Table.

 

Name    Plan Name    Number of
Years
Credited
Service
   Present
Value of
Accumulated
Benefit as of
December 31,
2007
   Payments
During
2007

Albert J. Neupaver

   —      —        —      —  

Alvaro Garcia-Tunon

   —      —        —      —  

William E. Kassling(1)

   Wabtec
Consolidated
Pension Plan
   29    $ 113,686    —  

Anthony J. Carpani

   —      —        —      —  

Timothy J. Logan

   —      —        —      —  
  (1) Mr. Kassling was a participant in the former WABCO Cash Balance Pension Plan which was frozen as of March 1995. This was a non-contributory plan and Mr. Kassling will be entitled to his accumulated benefit upon retirement or termination from Wabtec. No other named executive officers participated in this or any other Wabtec defined benefit pension plan.

 

20


Table of Contents
This excerpt taken from the WAB DEF 14A filed Apr 16, 2007.

Pension Benefits


The following table provides information about qualified and non-qualified benefits from pension and supplemental executive retirement plans as of or for the year ended December 31, 2006 for the individuals named in the Summary Compensation Table.

 

Name    Plan Name    Number of
Years
Credited
Service
   Present
Value of
Accumulated
Benefit as of
December 31,
2006
   Payments
During
2006

William E. Kassling (1)

   Wabtec
Consolidated
Pension Plan
   28    $ 108,239    $ 0

Albert J. Neupaver

   —      —        —        —  

Alvaro Garcia-Tunon

   —      —        —        —  

Barry L. Pennypacker

   —      —        —        —  

Timothy J. Logan

   —      —        —        —  

Anthony J. Carpani

   —      —        —        —  
  (1) Mr. Kassling was a participant in the former WABCO Cash Balance Pension Plan which was frozen as of March 1995. This was a non-contributory plan and Mr. Kassling will be entitled to his accumulated benefit upon retirement or termination from Wabtec. No other named executive officers participated in this or any other Wabtec pension plan.

 

20


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki