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

Quarterly report pursuant to Section 13 or 15(d)

Pensions

Pensions

9 Months Ended

Sep. 30, 2011

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:

	Nine months Ended September 30
		2011		2010
Service cost			35,000		27,000
Interest cost			196,000		194,000
Expected return on plan assets			(185,000)		(168,000)
		$	46,000	$	53,000

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

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+ Details