SAE Annual Report 2010 - 57

SAE INTERNATIONAL
Notes to the Financial Statements (Continued) Note 7 - Employee Benefit Plans (Continued) Components of pension adjustment recognized in nonoperating activities in the statements of activities consisted of the following: 2010 Net gain Amortization of net loss Effects of plan curtailment Pension expense in excess of 8½% of salaries $ 125,825 535,491 ( 697,547) ($ 36,231) 2009 $4,684,749 1,053,762 1,669,154 ( 1,937,183) $5,470,482

SAE considers pension expense of 8½% of salaries a normal expenditure and includes this amount in operating activities. Pension expense in excess of this percentage is included in nonoperating activities. The following are the weighted-average assumptions used to determine net periodic pension cost for the years ended December 31: 2010 Discount rate Expected long-term rate of return on assets 6% 8% 2009 6% 8%

SAE’s expected rate of return on plan assets is determined by the plan assets’ historical long-term investment performance, current asset allocation and estimates of future long-term returns by asset class. The accumulated benefit obligation for the plan was $43,885,248 at December 31, 2010 and $40,184,145 at December 31, 2009. The plan’s asset allocations by asset category are as follows: 2010 Equities Fixed income Other 6 % 29% 7% 2009 64% 28% 8%

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SAE Annual Report 2010

Table of Contents for the Digital Edition of SAE Annual Report 2010

SAE Annual Report 2010
Contents
Executive Message
Sectors – Aerospace, Automotive and Commercial Vehicle
Membership
Aerospace Standards
Ground Vehicle Standards
Engineering Events and Meetings
Electronic Publishing
Magazines and Books
Professional Development
Collegiate Design Series
SAE Foundation
Performance Review Institute (PRI)
Globally Relevant
SAE International Financials
Supplemental Information
SAE Annual Report 2010 - Intro1
SAE Annual Report 2010 - Intro2
SAE Annual Report 2010 - SAE Annual Report 2010
SAE Annual Report 2010 - Contents
SAE Annual Report 2010 - Executive Message
SAE Annual Report 2010 - 3
SAE Annual Report 2010 - Sectors – Aerospace, Automotive and Commercial Vehicle
SAE Annual Report 2010 - 5
SAE Annual Report 2010 - 6
SAE Annual Report 2010 - 7
SAE Annual Report 2010 - 8
SAE Annual Report 2010 - 9
SAE Annual Report 2010 - Membership
SAE Annual Report 2010 - 11
SAE Annual Report 2010 - Aerospace Standards
SAE Annual Report 2010 - 13
SAE Annual Report 2010 - Ground Vehicle Standards
SAE Annual Report 2010 - 15
SAE Annual Report 2010 - Engineering Events and Meetings
SAE Annual Report 2010 - Electronic Publishing
SAE Annual Report 2010 - Magazines and Books
SAE Annual Report 2010 - 19
SAE Annual Report 2010 - Professional Development
SAE Annual Report 2010 - Collegiate Design Series
SAE Annual Report 2010 - SAE Foundation
SAE Annual Report 2010 - 23
SAE Annual Report 2010 - Performance Review Institute (PRI)
SAE Annual Report 2010 - Globally Relevant
SAE Annual Report 2010 - SAE International Financials
SAE Annual Report 2010 - 27
SAE Annual Report 2010 - 28
SAE Annual Report 2010 - 29
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SAE Annual Report 2010 - Supplemental Information
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