AIG 2006 Annual Report Download - page 210

American International Group, Inc. and Subsidiaries
Notes to Consolidated Financial Statements Continued
AIG contributed $80 million during 2006 to its U.S. and
15. Employee Benefits
non-U.S. pension plans. The annual pension contribution for 2007
Continued
is expected to be approximately $95 million for U.S. and
expected returns within each asset category. The return with non-U.S. plans.
respect to each asset class considers both historical returns and
the future expectations for such returns. The expected future benefit payments, net of
participants’ contributions, with respect to the defined
(h) Expected Cash Flows: With respect to AIG’s U.S. pension benefit pension plans and other postretirement benefit
plan, the actuarially prepared funding amount ranges from the plans, are as follows:
minimum amount AIG would be required to contribute to the
Pension Postretirement
maximum amount that would be deductible for U.S. tax purposes.
Non-U.S. U.S. Non-U.S. U.S.
This range is generally not determined until the fourth quarter with
(in millions) Plans Plans Plans Plans
respect to the contribution year. Contributed amounts in excess of
2007 $ 67 $108 $1 $ 20
the minimum amounts are deemed voluntary. Amounts in excess
2008 71 117 1 21
of the maximum amount would be subject to an excise tax and
2009 80 126 1 22
may not be deductible under the Internal Revenue Code. Supple-
2010 79 136 1 20
mental and excess plans’ payments and postretirement plan 2011 83 148 1 21
payments are deductible when paid. 2012-2016 440 944 3 116
160 AIG 2006 Form 10-K