Contents

  1. Summary of Results............................................................................................. 1

  2. Introduction ....................................................................................................... 3

  3. Valuation Results – Going Concern ........................................................................ 7

  4. Valuation Results – Hypothetical Wind-up .............................................................. 10

  5. Valuation Results – Solvency ................................................................................ 13

  6. Minimum Funding Requirements............................................................................ 14

  7. Maximum Eligible Contributions ............................................................................ 17

  8. Actuarial Opinion ................................................................................................ 19

Appendix A: Prescribed Disclosure............................................................................... 20

Appendix B: Plan ...................................................................................................... 25

Appendix C: Methods and Assumptions – Going Concern................................................. 27

Appendix D: Methods and Assumptions – Hypothetical Wind-Up and Solvency.................... 33

Appendix E: Membership Data..................................................................................... 38

Appendix F: Summary of Plan Provisions....................................................................... 43

Appendix G: Plausible Adverse Scenarios....................................................................... 50

Appendix H: Employer Certification .............................................................................. 55