4 pages. "What funding changes are needed? There are four key changes that are needed, each of which is explained further below.Consistent with Congressional intent in the PPA, asset smoothing needs to be permitted. For 2009 and 2010, asset smoothing needs to be permitted without the applicable restrictions, as a mean of easing the transition to the PPA funding rules. For 2009 and 2010, companies need the ability to choose a funding method without being compelled to continue using that method.... The transition to the 100% funding target needs to apply to companies both above and below the phased-in funding target. And the phase-in level for 2008 needs to apply again in 2009."  MORE >>