Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 342

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 342
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.7)$(3.6)$(1.2)The following actuarial assumptions were used to calculate Pension, SERP and PBOP expense amounts: Pension and SERPPBOP For the Years Ended December 31,For the Years Ended December 31, 202420232022202420232022Discount Rate4.7%—5.1%4.9%—5.3%2.2%—3.2%4.9%—5.2%5.1%—5.4%2.3%—3.3%Expected Long-Term Rate of Return8.25%8.25%8.25%8.25%8.25%8.25%Compensation/Progression Rate3.5%—4.0%3.5%—4.0%3.5%—4.0%N/AN/AN/AFor the Aquarion Pension Plan, the expected long-term rate of return was 8.25 percent and 7.94 percent for the years ended December 31, 2024 and 2023, respectively.  For the Aquarion PBOP Plan, the expected long-term rate of return was 7 percent for the years ended December 31, 2024 

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and 2023 and the health care cost trend rate was a range of 3.5 percent to 6.75 percent for the year ended December 31, 2024 and 3.5 percent to     7 percent for the year ended December 31, 2023.Regulatory Assets and Accumulated Other Comprehensive Income/(Loss) Amounts:  The Pension, SERP and PBOP Plans cover eligible employees, including, among others, employees of the regulated companies.  The regulated companies record actuarial losses and gains and prior service costs and credits arising at the December 31st remeasurement date of the funded status of the benefit plans as a regulatory asset or regulatory liability in lieu of a charge to Accumulated Other Comprehensive Income/(Loss), reflecting ultimate recovery from customers through rates.  Regulatory accounting is also applied to the portions of the Eversource Service retiree benefit costs that support the regulated companies, as these costs are also recovered from customers.  Adjustments to the Pension, SERP and PBOP Plans' funded status for the unregulated companies are recorded on an after-tax basis to Accumulated Other Comprehensive Income/(Loss).  For further information