This excerpt taken from the WY DEF 14A filed Mar 10, 2009.
The Companys Retirement Plan for Salaried Employees is a noncontributory, defined benefit pension plan for salaried employees under which normal retirement is at age 65 and early retirement may be elected by any participant who has reached age 55 and has at least 10 years of vesting service. Each of the named executive officers is eligible for early retirement, with the exception of Ms. Bedient, who joined the Company in 2003 and has fewer than 10 years of vesting service. The annual retirement benefit payable upon normal retirement is equal to (i) 1.1% of the participants average salary for the highest five consecutive years during the 10 calendar years before retirement multiplied by the years of credited service, plus (ii) 0.45% of such highest average annual salary in excess of the participants Social Security integration level (as such term is defined in the Retirement Plan), multiplied by the number of years of credited service. The benefit payable upon early retirement is a percentage of the benefit that would be payable upon normal retirement and ranges from 72% at age 55 to 100% at age 62. A participant in a defined benefit pension plan generally is limited under the Internal Revenue Code to an annual benefit at Social Security normal retirement age of the lesser of (i) $185,000 (in 2008 but subject to adjustment) or (ii) 100% of the participants average compensation during the consecutive three-year period in which he or she received the highest compensation. Further reduction of this limitation may be required for retirement prior to the Social Security normal retirement age. The compensation used in determining benefits under this Plan is limited by Internal Revenue Code Section 401(a)(17) ($230,000 in 2008, but subject to adjustment).
Supplemental Retirement Plan benefits are paid outside the Salaried Retirement Plan from the general funds of the Company and are determined by applying the formula for Salaried Retirement Plan
This excerpt taken from the WY 10-K filed Feb 27, 2009.
We have approximately 19,850 employees. This number includes:
Of these employees, approximately 4,100 are members of unions covered by multiyear collective-bargaining agreements.
This excerpt taken from the WY 10-K filed Feb 28, 2008.
We have approximately 37,900 employees. This number includes:
Of these employees, approximately 12,000 are members of unions covered by multi-year collective bargaining agreements.
This section provides information about how we grow and harvest trees, manufacture and sell products made from them, and build and sell homes. For each of our business segments, we provide details about what we do, where we do it, how much we sell and where we are headed.
This excerpt taken from the WY 10-K filed Mar 1, 2007.
We have approximately 46,700 employees. This number includes:
Of these employees, approximately 16,150 are members of unions covered by multi-year collective bargaining agreements.