Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 345

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 345
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OP Plan trust, as well as specific assets within the Pension Plan trust (401(h) assets).  The investment policy and strategy of the 401(h) assets is consistent with that of the defined benefit pension plan.  Eversource's expected long-term rates of return on Pension and PBOP Plan assets are based on target asset allocation assumptions and related expected long-

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term rates of return.  In developing its expected long-term rate of return assumptions for the Pension and PBOP Plans, Eversource evaluated input from consultants, as well as long-term inflation assumptions and historical returns. Management has assumed long-term rates of return of 8.25 percent for the Eversource Service Pension Plan assets, the Eversource Service PBOP Plan assets and the Aquarion Pension Plan assets, and a 7 percent long-term rate of return for the Aquarion PBOP Plan, to estimate its 2025 Pension and PBOP costs. These long-term rates of return are based on the assumed rates of return for the target asset allocations as follows: As of December 31,20242023 Target Asset AllocationAssumed Rate of ReturnTarget Asset AllocationAssumed Rate of Return Eversource Pension Plan Eversource PBOP PlanEversource Pension Plan and PBOP PlanEversource Pension PlanEversource PBOP PlanEversource Pension Plan and PBOP PlanEquity Securities:  United States— %20.0 %8.5 %— %20.0 %8.5 %Global20.0 %— %8.8 %20.0 %— %8.75 %Non-United States— %11.0 %8.5 %— %11.0 %8.5 %Emerging Markets— %6.0 %10.0 %— %6.0 %10.0 %Debt Securities:Fixed Income16.0 %17.0 %5.5 %16.0 %17.0 %5.5 %Public High Yield Fixed Income5.0 %— %7.5 %5.0 %— %7.5 %United States Treasuries11.0 %— %4.5 %11.0 %— %4.5 %Private Debt10.0 %13.