Pension Plan
The following table shows the years of service credited as of December 31, 2000, to each of the named executive officers.
This table also shows the amount of each named executive officer’s APC at the end of 2000, except for Mr. Brust who participates in the cash balance feature.
|
RETIREMENT PLAN
|
| Name |
Years of Service |
Average Participating Compensation |
 |
| G. M. C. Fisher |
29 |
(a) |
$ |
3,794,998 |
| |
| D. A. Carp |
30 |
|
|
1,372,617 |
| |
| E. L. Steenburgh |
2 |
(b) |
|
700,440 |
| |
| M. M. Coyne |
18 |
|
|
580,000 |
| |
| M. P. Morley |
36 |
|
|
530,780 |
|
| (a) |
Mr. Fisher was credited with 22 extra years of service for purposes of calculating his retirement benefit;
any pension benefit payable is offset by any pension paid by his previous employer.
|
| (b) |
After Mr. Steenburgh has been employed for five years, he will be credited with 20 extra years of service for purposes of calculating his retirement benefit.
|
|
|
| |
|
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