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Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2008 (Dollars in millions, except per share data and unless otherwise indicated)
Domestic Contributions
In 2009, the Company expects to make cash contributions of approximately $24 and $1.1 to its domestic pension and postretirement
plans, respectively. These contributions are for both funded and unfunded plans and are net of participant contributions.
Foreign Contributions
The Company funds its pension plans in amounts consistent with applicable laws and regulations and expects to make cash
contributions of approximately $1.3 in 2009.
Information about the expected benefit payments for the Company’s pension and postretirement plans are as follows:
(In millions)
Years Ending December 31, Pension Plans Postretirement Plans
2009 (1) $39.5 $1.1
2010 23.5 0.9
2011 23.9 0.8
2012 23.7 0.7
2013 23.4 0.6
Next 5 years 121.5 2.9
Total $255.5 $ 7.0
(1) Includes approximately $17 related to the anticipated settlement of a domestic pension plan.
The current healthcarecost trend rate gradually declines through 2012 to the ultimate trend rate and remains level thereafter. A one
percentage point change in assumed healthcare cost trend rates would have the following effects:
(In millions) 1% Increase 1% Decrease
Service and interest cost components of postretirement benefit costs $ 0.1 $ (0.1)
Postretirement benefit obligation 0.1 (0.1)
The Companysponsors defined contribution savings plans for substantially all of its U.S. employees. Under provisions for this plan,
employees may contribute a percentage of eligible compensation on both a before-tax basis and after-tax basis. The Company matches a
percentage of a participating employee’s before-tax contributions. For 2008, 2007 and 2006 the defined contribution savings plan expense
was $9.7, $8.3 and $6.9, respectively.
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