Can someone confirm if my thinking is correct: If after a DB plan is funded to only meet minimum funding requirements for the 2007 (calendar) plan year (no credit balance) it is 65% funded based based on PPA interest rate. Is it true that the only way to avoid the benefit restrictions would be for the plan to be sufficiently funded at 92% based on assets less the pre-funding credit balance (which would be $0 at 1/1/08). If the plan did not meet the 92% threshold, the assets used to determine the funded percentage for the benefit restrictions are reduced by all credit balances so any additional 2007 contributions would only be a wash in regard to the benefit restriction funded percentage calculation.

Any guidance would be appreciated. Thanks.