Found Deep Inside an SEC Filing

First Financial Bancorp (FFBC) discuss its retirement plans:

These changes also resulted in revisions to our non-qualified retirement plans. Generally, benefits under previous formulas were frozen and current participants accrue under new formulas. The changes reflect a shift towards account balance formulas and a shit away from traditional annuity-type formulas.

At least they’re not wasting money on copy-editors.

Posted by on May 5th, 2009 at 4:25 pm


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