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EC3 - Coverage of the organization's defined benefit plan obligations
AEP has defined benefit retirement obligations that include both pension plans and
other post-retirement benefit plans that provide retirees medical and life insurance
benefits. The funded position of these plans follows:
|
Pension Plans
|
Postretirement Benefit Plans
|
|
2008
|
2007
|
2006
|
2008
|
2007
|
2006
|
|
Fund Assets
|
3,161
|
4,346
|
4,346
|
1,018
|
1,400
|
1,302
|
|
Plan Obligations
|
4,301
|
4,110
|
4,108
|
1,843
|
1,773
|
1,818
|
|
Funded Position
|
(1,140)
|
394
|
238
|
(824)
|
(373)
|
(516)
|
|
Percent Funded
|
73%
|
110%
|
106%
|
55%
|
79%
|
72%
|
Year-End Balance, in Millions of Dollars
More detailed information on these plans is included in the Benefit Plans footnote to AEP's annual report (PDF)
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