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<br /> <br /> <br /> <br /> <br />1 <br />SCHEDULE C <br />(continued) <br />ANTICIPATED PLAN PARTICIPATION: Representative values of the assumed annual rates <br />of plan participation and spouse coverage are as follows: <br />Participation <br />Spouse Coverage <br />100% <br />15% <br />' ANNUAL EXPECTED MEDICAL/RX/VISION CLAIMS (AGE ADJUSTED TO AGE 65): <br />Following is a chart detailing expected claims age adjusted to age 65 for the year following the <br />valuation date: <br /> <br />1 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />1 <br />Pre-65 <br />$11,502 <br />ACTUARIAL METHOD: Costs were determined using the Projected Unit Credit Actuarial <br />Cost Method. The annual service cost is the present value of the portion of the projected benefit <br />attributable to participation service during the upcoming year, and the accumulated <br />postretirement benefit obligation (APBO) is equal to the present value of the portion of the <br />projected benefit attributable to service before the valuation date. Service from hire date through <br />full retirement eligibility date was used in allocating costs. <br />BENEFITS VALUED: Medical, drug, and vision benefits for retirees under age 65. <br />Attachment number 1 <br />t I -1 Page 307 of 320 <br />