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OTHER RETIREMENT BENEFITS

12 Months Ended

Dec. 31, 2015

Notes To Consolidated Financial Statements [Abstract]

D. Other Retirement Benefits

Eversource provides retirement and other benefits for certain current and past company officers. These benefits are accounted for on an accrual basis and expensed over a period equal to the service lives of the employees. The actuarially-determined liability for these benefits, which is included in Other Long-Term Liabilities on the balance sheets, as well as the related expense included in Operations and Maintenance on the income statements, are as follows:


Eversource	As of and For the Years Ended December 31,
(Millions of Dollars)	2015		2014		2013
Actuarially-Determined Liability	$	55.2	$	57.5	$	51.3
Other Retirement Benefits Expense		3.9		4.5		4.4

	As of and For the Years Ended December 31,
	2015								2014								2013
(Millions of Dollars)	CL&P		NSTAR Electric		PSNH		WMECO		CL&P		NSTAR Electric		PSNH		WMECO		CL&P		PSNH		WMECO
Actuarially-Determined Liability	$	0.4	$	-	$	2.4	$	0.2	$	0.4	$	-	$	2.6	$	0.2	$	0.4	$	2.3	$	0.1
Other Retirement Benefits Expense		1.5		1.0		0.7		0.3		2.1		0.3		0.9		0.4		2.5		1.0		0.5

- Definition

The entire disclosure for compensation costs, including compensated absences accruals, compensated absences liability, deferred compensation arrangements and income statement compensation items. Deferred compensation arrangements may include a description of an arrangement with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares (units) issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

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