WL » Topics » Pension Benefits as of December 31, 2007

This excerpt taken from the WL DEF 14A filed Feb 29, 2008.
Pension Benefits as of December 31, 2007
 
The following table provides information about benefits under our Pension Plan and Supplemental Executive Retirement Plan (“SERP”), for the Named Executive Officers at December 31, 2007:
 
                             
(a)   (b)   (c)   (d)   (e)
        Number of Years
  Present Value of
  Payments During
        Credited Services
  Accumulated Benefit
  Last Fiscal Year
Name
  Plan Name   (#)   ($)   ($)
 
Ted T. Cecala   Pension Plan     28.4     $ 607,864 (1)     N/A  
    Supplemental
Executive
Retirement Plan
    28.4     $ 5,554,719 (2)        
                             
                             
David R. Gibson   Pension Plan     24.7     $ 238,889 (1)     N/A  
    Supplemental
Executive
Retirement Plan
    24.7     $ 893,070 (2)        
                             
Robert V.A. Harra Jr.   Pension Plan     36.6     $ 689,913 (1)     N/A  
    Supplemental
Executive
Retirement Plan
    36.6     $ 3,911,625 (2)        
                             
William J. Farrell II   Pension Plan     31.6     $ 240,806 (1)     N/A  
    Supplemental
Executive
Retirement Plan
    31.6     $ 1,144,204 (2)        
                             
                             
Michael A. DiGregorio   Pension Plan     20.8     $ 424,964       N/A  
    Supplemental
Executive
Retirement Plan
    20.8     $ 809,085          
 
(1)      Based on the American Academy of Actuaries 1983 Group Annuity Mortality (Male) table and an assumed interest rate of 6.5%.
 
(2)      Based on the American Academy of Actuaries 1983 Group Annuity Mortality (Male) table and an assumed interest rate of 6.5%.
 
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