Entergy 2009 Annual Report Download - page 130

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Entergy Corporation and Subsidiaries
Notes to Financial Statements
126
Other Postretirement Trusts
(In Thousands)
Level 1 Level 2 Level 3 Total
Equity securities:
Corporate common stocks $50,698 $- $- $50,698
Common collective trust - 140,096 - 140,096
Fixed securities:
Interest-bearing cash 6,115 - - 6,115
U.S. Government
securities
25,487 50,714 - 76,201
Corporate debt instruments - 35,099 - 35,099
State and local obligations - 53,443 - 53,443
Total investments $82,300 $279,352 $- $361,652
Interest receivable 1,567
Other pending transactions (3,156)
Plus: Other postretirement
assets included in the
investments of the
qualified pension trust 2,336
Total fair value of other
postretirement assets $82,300 $279,352 $- $362,399
Accumulated Pension Benefit Obligation
The accumulated benefit obligation for Entergy's qualified pension plans was $3.4 billion and $2.9 billion at
December 31, 2009 and 2008, respectively.
Estimated Future Benefit Payments
Based upon the assumptions used to measure Entergy's qualified pension and other postretirement benefit
obligation at December 31, 2009, and including pension and other postretirement benefits attributable to estimated
future employee service, Entergy expects that benefits to be paid and the Medicare Part D subsidies to be received
over the next ten years for Entergy Corporation and its subsidiaries will be as follows:
Estimated Future Benefits Payments
Qualified
Pension
Non-Qualified
Pension
Other
Postretirement
(before
Medicare Subsidy)
Estimated Future
Medicare Subsidy
Receipts
(In Thousands)
Year(s)
2010 $157,279 $23,842 $71,439 $5,596
2011 $162,897 $9,561 $75,386 $6,108
2012 $172,636 $8,259 $79,388 $7,008
2013 $183,210 $15,417 $83,440 $7,833
2014 $196,157 $12,983 $87,773 $8,676
2015 - 2019 $1,244,961 $73,554 $510,913 $57,300
128