Sources say.
As of april the fund had approx 640 mil, by the end of 2008 they had 400 mil then deduct the erw guys and end the year with 280 mil. apparently the company put 25 mil in .
the fund is approx 65-70% funded in equities. The fund is funded at 35%.
the next drop date is the 27th of march. There are consequences if the fund is not funded within 15 days. my guess is the company will suspend the lump sum option, and pay the IRS penality.
As of april the fund had approx 640 mil, by the end of 2008 they had 400 mil then deduct the erw guys and end the year with 280 mil. apparently the company put 25 mil in .
the fund is approx 65-70% funded in equities. The fund is funded at 35%.
the next drop date is the 27th of march. There are consequences if the fund is not funded within 15 days. my guess is the company will suspend the lump sum option, and pay the IRS penality.