Entergy 2009 Annual Report Download - page 133

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Entergy Corporation and Subsidiaries
Notes to Financial Statements
129
Defined Contribution Plans
Entergy sponsors the Savings Plan of Entergy Corporation and Subsidiaries (System Savings Plan). The
System Savings Plan is a defined contribution plan covering eligible employees of Entergy and its subsidiaries. The
employing Entergy subsidiary makes matching contributions for all non-bargaining and certain bargaining
employees to the System Savings Plan in an amount equal to 70% of the participants' basic contributions, up to 6%
of their eligible earnings per pay period. The 70% match is allocated to investments as directed by the employee.
Entergy also sponsors the Savings Plan of Entergy Corporation and Subsidiaries II (established in 2001), the
Savings Plan of Entergy Corporation and Subsidiaries IV (established in 2002), the Savings Plan of Entergy
Corporation and Subsidiaries VI (established in April 2007), and the Savings Plan of Entergy Corporation and
Subsidiaries VII (established in April 2007) to which matching contributions are also made. The plans are defined
contribution plans that cover eligible employees, as defined by each plan, of Entergy and its subsidiaries.
Entergy's subsidiaries' contributions to defined contribution plans collectively were $41.9 million in 2009,
$38.4 million in 2008, and $36.6 million in 2007. The majority of the contributions were to the System Savings
Plan.
131