As some of you may know, FASB has proposed new disclosure requirements for defined benefit plans effective with fiscal years ending after 12/15/03. The changes are heavily weighted towards financial type disclosures. Question: the disclosure requires long term expected rates of return by asset category. How are people determining these rates? Are you looking to the investment advisor? Are you getting rates from trust statements? Are you taking a best guess?

This statement may become effective very shortly so any input would be appreciated. Thanks