date:Feb 16, 2013
tuarial assumptions Kraft used to value plan obligations. Specifically, the company has adjusted retirement, mortality and medical cost trend rates to reflect the expanded population now covered under the companys plans, Mr. McLevish said.
On its own, adjusting the actuarial assumptions will increase ongoing expenses, but we expect it will reduce expense volatility over time, he said.
Third, Kraft is phasing in a liability-driven investment mix in its pension plans.
We will do this by migrat