Uster Technologies Ltd | Annual Report 2009 Uster Technologies ...

15 Pension Benefits15.1 Defined Benefit Pension PlanUster Technologies Ltd provides pension benefits for its employees in Switzerland in the event of retirement,disability and death. The pension scheme is organized as a separate legal entity and is funded in accordancewith legal requirements.The following tables summarize the components of net benefit expense recognized in the Statement of ComprehensiveIncome as well as the actual return on plan assets.in CHF 1,000 Jan 1 –Dec 31, 2009Jan 1 –Dec 31, 2008Amounts recognized in the income statementCurrent employer service cost -2,146 -2,502Interest expense -1,981 -2,484Expected return on plan assets 2,596 3,637Amortization of net actuarial gain /(loss) -15 0Curtailment, settlement loss 0 -1,548Pension costs current year -1,546 -2,897Actual return on plan assetsExpected return 2,596 3,637Actuarial gain /(loss) on plan assets -6,151 -11,185Actual return on plan assets -3,555 -7,548Uster Technologies Ltd expects to contribute CHF 1.4 million to the defined benefit pension plan in 2010.The funded status of the pension plan and the amounts recognized in the Statement of Financial Position ofUster Technologies Ltd are as follows:in CHF 1,000 Dec 31, 2009 Dec 31, 2008Funded StatusFair value of plan assets 61,718 72,245Defined benefit obligation -61,638 -63,802Surplus 80 8,443Amounts recognized in the balance sheetSurplus 80 8,443Unrecognized actuarial loss /(gain) 15,544 7,351Pension fund asset /(liability) in the balance sheet 15,624 15,794Uster Group – Notes to the Consolidated Financial Statements 2009 83