Annual Funding Notice Agere Systems Pension Plan 1/1/2008 1/1/2009 1/1/2010 1/1/2011 1/1/2012 1/1/2013 1/1/2014 1/1/2015 1/1/2016
Funding Target Attainment Percentage without MAP-21 84.64% 76.75% 72.73% 67.67% 69.67% 70.20% 71.21% 76.38% 76.38%
Funding Target Attainment Percentage with Map-21 NA NA NA NA 81.55% 82.05% 90.44% 92.85% 92.85%
Net Plan Assets $545,589,800 $401,690,903 $441,786,748 $428,680,222 $482,614,846 $520,482,447 $552,302,088 $589,687,056 $593,010,595
Net Plan Assets Gain/Loss Since 1/1/2008 NA -26.37% -19.03% -21.43% -11.54% -4.60% 1.23% 8.08% 8.69%
SP500 1447 931 1133 1272 1277 1463 1848 2058 2013
SP500 Gain/Loss Since 1/1/2008 NA -35.66% -21.70% -12.09% -11.75% 1.11% 27.71% 42.23% 39.12%
Plan Liabilities without MAP-21 $644,589,800 $523,372,008 $607,457,866 $633,506,649 $692,715,438 $741,427,987 $775,596,248 $772,043,802 $776,395,123
Plan Liabilities with MAP-21 NA NA NA NA $591,821,887 $634,341,012 $610,637,111 $635,029,923 $632,141,394
Funding Shortfall without MAP-21     $165,671,138 $212,053,909 $225,123,092 $219,316,155 $220,527,749 $182,302,811 $163,105,731
Funding Shortfall with MAP-21 NA NA NA NA $124,091,297 $113,858,565 $58,335,023 $26,784,274 $39,130,799
At-Risk Liabilities     $607,457,886 $640,734,131 $606,706,143 Not Applicable Not Applicable Not Applicable Not Applicable
Participants Per Annual Funding Notice              
Total       3151 3118 3200 3141 2914 2790
Active       915 838 781 743 371 275
Retired or separated and receiving benefits       1510 1606 1654 1673 1736 1902
Retired or separated and entitled to future benefits       726 744 765 725 807 613
Calculated, not found anywhere in Funding Notice Called pension office. 1736 and 807 were reversed in annual pension funding notice.