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<br />io <br /> <br />Plan Improvement Study <br /> <br /> <br />RS <br /> <br />Plan Provisions <br />Deposit Rate <br />Matching Ratio <br />Updated Service Credit <br />Transfer USC <br />Annuity Increase <br />Buyback Provision <br />20 and Out Retirement <br />Vesting <br />Contribution Rates <br />Normal Cost Rate <br />Initial Prior Service Rate <br />Transfer USC Rate * * <br />Current Yr. Annuity Increase <br />Total Prior Service Rate <br />Retirement Rate <br />Supplemental Death Rate <br />Total Rate <br />Unfunded Actuarial Uability <br />Amortization Period <br /> <br />Funded Ratio <br /> <br />Base Plan <br />6.00% <br />2 to 1 <br />0% (2007) <br />No <br />0% <br />No <br />Yes <br />5 years <br />2008 <br />8.550/0 <br />4.97% <br />0.00% <br />0.00% <br />4.970/0 <br />13.520/0 <br />0.32% (A & R) <br />13.840/0 <br />$8,420,458 <br />25 years <br />72.5% <br /> <br />00976 Paris <br /> <br />Effective Date - January I, 2008 <br />Report Date - November 5, 2007 <br /> <br />Proposed Plans <br /> <br />Present Plan <br />6.00% <br />2 to 1 <br />0% (2007) <br />Yes <br />0% <br />No <br />Yes <br />5 years <br />2008 <br />8.55% <br />4.97% <br />0.00% <br />0.00% <br />4.97% <br />13.52% <br />0.32% (A & R) <br />13.84% <br />$8,420,458 <br />25 years <br />72.5% <br /> <br />.1 <br />6.00% <br />2 to 1 <br />100% l-/' <br />Yes v/ <br />0% <br />No <br />Yes <br />5 years <br />2008 <br />8.55% <br />5.01% <br />0.00% <br />0.00% <br />5.01% <br />13.56% <br />0.32% (A & R) <br />13.88% ./ <br />$8,491,242 <br />25 years <br />72.3% <br /> <br />2 <br />6.00% <br />2 to 1 <br />100% '- <br />Yes ./' <br />70% <./' <br />No <br />Yes <br />5 years <br />2008 <br />8.55% <br />5.01% <br />0.00% <br />0.13% <br />5.14% <br />13.690/0 <br />0.32% (A & R) <br />14.01 % ..--- <br />$8,715,441 <br />25 years <br />71.8% <br /> <br />:;: * This is the addition to the Initial Prior Service Rate for USC for transfers. There were 3 eligible transfer employees on the valuation date. <br /> <br />y <br />"SEGAL <br />