2010 Pension Plan Contribution SKYROCKETS
Due to unprecedented losses in Pension Plans over the last two years, we have to make up these monies by increased contributions to the Pension Plans.
Whereas we contributed $62,000+ to the Pension Plans in 2009, the amounts required for
2010 jump up to $299,000 .
And this is with a "Smoothing" of the payments. In other words, Pension Plan contributions will keep on INCREASING in future years since we have adopted this "Smoothing" Plan.
Whereas we contributed $62,000+ to the Pension Plans in 2009, the amounts required for
2010 jump up to $299,000 .
And this is with a "Smoothing" of the payments. In other words, Pension Plan contributions will keep on INCREASING in future years since we have adopted this "Smoothing" Plan.
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6:39 AM
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