Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 337

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 337
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5 (0.1)Plan Amendment— — — — 1.4 0.4 0.2 0.2 Reclassified to Assets Held for Sale34.5 — — — — — — — Benefit Obligation as of End of Year$(587.4)$(109.1)$(171.4)$(65.9)$(676.0)$(120.6)$(188.3)$(72.0)Change in Plan Assets:      Fair Value of Plan Assets as of Beginning of Year$1,024.4 $123.0 $490.4 $74.7 $970.1 $120.6 $456.1 $72.3 Actual Return on Plan Assets92.3 11.2 45.8 7.6 104.7 12.6 52.3 8.3 Employer Contributions0.9 — — — 1.9 — — — Benefits Paid(51.8)(9.4)(15.9)(6.1)(52.3)(10.0)(16.7)(6.1)Employee Transfers— (0.4)(1.1)0.2 — (0.2)(1.3)0.2 Reclassified to Assets Held for Sale(29.5)— — — — — — — Fair Value of Plan Assets as of End of Year$1,036.3 $124.4 $519.2 $76.4 $1,024.4 $123.0 $490.4 $74.7 Funded Status as of December 31st$448.9 $15.3 $347.8 $10.5 $348.4 $2.4 $302.1 $2.7 Actuarial Gain/(Loss):  For the year ended December 31, 2024, the actuarial gain was primarily attributable to an increase in the discount rate, which resulted in a decrease to the Eversource PBOP projected benefit obligation of $39.8 million.  For the year ended December 31, 2023, the actuarial gain was primarily attributable to changes to termination, retirement, and dependency rates