Tuesday, October 14, 2014
at Throckmorton: No Name raises a question about pension expenses at MH
Totally off topic, but anyone notice that 'pension expense' almost doubled from FY2012 to FY2013. The only reasonable explanation would be large lump sum contributions for the higher paid staff or the staff participation doubled. "Pension expense for the years ended June 30, 2013 and 2012, was $450,368 and $240,608, respectively."