Capital One 2012 Annual Report Download - page 245

CAPITAL ONE FINANCIAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Revenue Service compensation limit) less deferrals. We contributed a total of $167 million, $151 million and
$118 million to these plans during the years ended December 31, 2012, 2011 and 2010, respectively.
Defined Benefit Pension and Other Postretirement Benefit Plans
We sponsor defined benefit pension plans and other postretirement benefit plans. Pension plans include a legacy
frozen cash balance plan and plans assumed in the North Fork acquisition, including two qualified defined
benefit pension plans and several non-qualified defined benefit pension plans. Our legacy pension plan and the
two qualified pension plans from the North Fork acquisition were merged into a single plan effective
December 31, 2007. Other postretirement benefit plans, including a legacy plan and plans assumed in the
Hibernia and North Fork acquisitions, all of which provide medical and life insurance benefits, were merged into
a single plan effective January 1, 2008. Upon closing of the 2012 U.S. card acquisition, certain HSBC associates
became eligible to participate in our post retirement benefit plan.
Our pension plans and the other postretirement benefit plans are valued using a December 31 measurement date.
Our policy is to amortize prior service amounts on a straight-line basis over the average remaining years of
service to full eligibility for benefits of active plan participants.
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