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A Healthy Future Year in Review MD&A Financials Governance
FINANCIALS
    Highlights
    Consolidated Financial Statements  
    Management's Responsibility  
    Actuaries' Opinion  
    Auditors' Report  
    Net Assets and Accrued Benefits and Deficit  
    Changes in Net Assets  
  Changes in Accrued Benefits  
    Changes in Deficit  
    Notes  
    Significant Investments  
    Ten-Year Review  
    Investment vs. Benchmark Returns  

Year ended December 31
($ Millions) 2007   2006
as restated – see Note 13
       
CHANGES IN ACCRUED PENSION BENEFITS          
Accrued pension benefits, beginning of year $ 25,808   $ 23,749
       
Increase in accrued pension benefits          
Interest on accrued benefits
  1,616     1,522
Benefits accrued
  1,270     1,153

Changes in actuarial assumptions [note 8(c)]
  1,008     890

Estimated experience loss/(gain) [note 8(e)]
  96     (142)

Data correction [note 13]
  –     (24)
Changes in Plan provisions [note 8(f)]
  2     1
    3,992     3,400
       
Decrease in accrued pension benefits          
Benefits paid [note 6]
  1,079     1,019
Data adjustment experience gain [note 8(d)]
  38     322
    1,117     1,341
       
Net increase in accrued pension benefits   2,875     2,059
       
Accrued pension benefits, end of year $ 28,683   $ 25,808
 
See Description of Plan and accompanying notes to financial statements