Windstream 2009 Annual Report Download - page 32
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The following table shows certain information regarding benefits under the Windstream Pension Plan as of
December 31, 2009 for the individuals named below.
PENSION BENEFITS
Name Plan Name
Number of Years
Credited Service
(#) (1)
Present Value of
Accumulated Benefit
($) (2)
Payments During
Last Fiscal Year
($)
Jeffery R. Gardner Pension Plan
Benefit Restoration Plan
11.0
-
185,803
1,318,876
-0-
-0-
Anthony W. Thomas Pension Plan
Benefit Restoration Plan
7.0
-
52,049
4,443
Brent Whittington Pension Plan
Benefit Restoration Plan
3.50
-
25,979
3,678
-0-
-0-
John P. Fletcher - - - -
Richard J. Crane Pension Plan
Benefit Restoration Plan
9.42
-
217,660
111,068
-0-
-0-
(1) The plans recognize all prior years of service under the Alltel Corporation Pension Plan and the Alltel
Corporation Benefit Restoration Plan.
(2) The present value of accumulated benefits includes the present value of the benefits transferred from the
Alltel Corporation Pension Plan and the Alltel Corporation Benefit Restoration Plan as part of the spin-off. The
present value of accumulated benefits was calculated based on retirement at age 60 with 20 years of credited
service, current compensation as of December 31, 2009, no pre-retirement decrements, the RP-2000 combined
healthy mortality table (projected to 2010), and a 5.89% discount rate, which is the same rate used for preparing
Windstream’s consolidated financial statements.
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