Pensions |
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Pensions |
Note 4: Pensions
Pension cost included the following components:
The Company’s funding policy is to contribute annually, at a minimum, the amount
necessary on an actuarial basis to provide for benefits in accordance with applicable laws and regulations. In connection with funding relief provisions within the American Rescue Plan Act of 2021, the Company does not expect to make cash
contributions to its U.S. pension plans during fiscal 2023.
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