Laserfiche WebLink
<br />an annuity contract on October 18, 1993,a the "topping off" <br />contribution would have been: <br />Insurer <br />New York Life <br />Prudential <br />John Hancock <br />Principal <br />Contribution <br />$4,325,823 <br />$3,823,739 <br />$3,139,504 <br />$3,331,794 <br />The amount of the contribution would have ranged from $3,139,504 <br />to $4,325,823, approximately $539,504 to $1,725,823 over the <br />estimate contained in the Disclosure Statement. <br />2. December 10. 1993 Ouotes <br />Pursuant to CF&I's request, New York Life, Prudential, John <br />Hancock and Principal provided CF6I with updated quotes as of <br />December 10, 1993.° If CF&I had purchased an annuity contract <br />from any one of these four insurers on December 10, 1993, the <br />price of an annuity contract would have been as follows: <br />BHad this been an actual purchase, the "topping off" contribution <br />would be based on the market value of plan assets as of October <br />18, 1993. For purposes of this example, we have used the October <br />31 valuation since plan valuations typically are calculateci as of <br />the end of the month. <br />°Transamerica Occidental Life Insurance Company also submitted an <br />updated bid but it is not being considered further by CFfiI. <br />to <br />