Pineapple Energy Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Pensions

Pensions

6 Months Ended

Jun. 30, 2012

NOTE 10 – PENSIONS

The Company's U.K. based subsidiary Austin Taylor maintains defined benefit pension plans that cover seven active employees. The Company does not provide any other post-retirement benefits to its employees. Components of net periodic benefit cost of the pension plans were:


	Six months Ended June 30
	2012			2011
Service cost	$	18,000			24,000
Interest cost		121,000			134,000
Expected return on plan assets		(135,000	)		(127,000	)
Amortization of prior service cost		23,000			—
	$	27,000		$	31,000

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details