Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 338

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 338
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 that were updated as a result of an experience study performed in 2023, updated census data, changes to plan provisions, and other assumption changes, which resulted in a decrease to the Eversource PBOP projected benefit obligation of $17 million. The actuarial gain was partially offset by a decrease in the discount rate, which resulted in an increase to the Eversource PBOP projected benefit obligation of $12 million.A reconciliation of the prepaid assets and liabilities within the Eversource Pension, SERP and PBOP Plans’ funded status to the balance sheets is as follows:As of December 31, 20242023(Millions of Dollars)EversourceCL&PNSTARElectricPSNHEversourceCL&PNSTARElectricPSNHPrepaid Pension (1)$887.7 $167.2 $376.9 $80.5 $672.2 $127.4 $306.5 $56.3 Prepaid PBOP448.9 15.3 347.8 10.5 356.0 2.4 302.1 2.7 Prepaid Pension and PBOP$1,336.6 $182.5 $724.7 $91.0 $1,028.2 $129.8 $608.6 $59.0 Accrued SERP (1)$119.4 $5.7 $2.2 $4.5 $135.6 $5.9 $1.9 $4.6 Accrued PBOP (1)— — — — 7.6 — — — Less: Accrued SERP - current portion(24.0)(0.4)(0.2)(0.4)(19.4)(0.3)(0.2)(0.4)Accrued SERP and PBOP$95.4 $5.3 $2.0 $4.1 $123.8 $5.6 $1.7 $4.2 (1)     As of December 31, 2024, the Aquarion water distribution business’s prepaid pension has been reclassified to Assets Held for Sale and the accrued SERP and PBOP liabilities have been reclassified to Liabilities Held for Sale on the Eversource balance sheet.