Company: CNLHP
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000072741-25-000007
Chunk: 336

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 336
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 $536.6 $121.5 $304.6 $51.7 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 Eversource's Pension and SERP Plans’ projected benefit obligation of $332.9 million, partially offset by an actuarial loss of $42.1 million related to updated census data.  For the year ended December 31, 2023, the actuarial loss was primarily attributable to a decrease in the discount rate, which resulted in an increase to Eversource's Pension and SERP Plans’ projected benefit obligation of $98.9 million.As of December 31, 2024 and 2023, the accumulated benefit obligation for the Pension and SERP Plans is as follows:(Millions of Dollars)EversourceCL&PNSTAR ElectricPSNH2024$4,617.1 $953.9 $969.5 $507.4 20234,936.8 977.8 1,051.9 522.1 

115

 PBOP As of December 31, 20242023(Millions of Dollars)EversourceCL&PNSTARElectricPSNHEversourceCL&PNSTARElectricPSNHChange in Benefit Obligation:      Benefit Obligation as of Beginning of Year$(676.0)$(120.6)$(188.3)$(72.0)$(693.7)$(127.9)$(189.5)$(74.6)Service Cost(7.0)(1.2)(1.2)(0.6)(7.6)(1.3)(1.2)(0.7)Interest Cost(31.9)(5.6)(8.8)(3.4)(33.8)(6.2)(9.2)(3.7)Actuarial Gain/(Loss)41.3 8.9 10.7 3.9 5.0 4.4 (5.8)0.8 Benefits Paid51.7 9.4 15.9 6.2 52.7 10.0 16.7 6.1 Employee Transfers— — 0.3 — — — 0.