XML 38 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2012
Employee Benefit Plans [Abstract]  
Schedule Of Information For Significant Pension Plans

 

Alaska Electrical

Pension Plan3

 

NRECA Retirement

Security Plan3

Employer Identification Number

92-6005171

 

53-0116145

Plan Number

001

 

333

Year-end Date

December 31

 

December 31

Expiration Date of CBA's

June 30,2013

 

N/A2

Subject to Funding Improvement Plan

No

 

No

Surcharge Paid

N/A

 

N/A

 

2012

2011

2010

 

2012

2011

2010

Zone Status

Green

Green

Green

 

N/A1

N/A1

N/A1

Required minimum contributions

None

None

None

 

N/A

N/A

N/A

Contributions (in millions)

$3.6

$3.0

$2.9

 

$3.0

$3.0

$3.1

Contributions > 5% of total plan contributions

Yes

Yes

Yes

 

No

No

No

 

1A “zone status” determination is not required, and therefore not determined under the Pension Protection Act (PPA) of 2006.  In total, the NRECA RS Plan was between 65 and less than 80 percent funded at January 1, 2012 and 2011, respectively, based on the PPA funding target and PPA actuarial value of assets on those dates.

2The CEO is the only non-union employee subject to an employment agreement, which is effective through July 1, 2013.

3The Alaska Electrical Pension Plan is publically available.  The NRECA Retirement Security Plan is available on Chugach’s website at www.chugachelectric.com.

4The provisions of the PPA do not apply to the RS Plan, therefore, funding improvement plans and surcharges are not applicable.  Future contribution requirements are determined each year as part of the actuarial valuation of the plan and may change as a result of plan experience.