ann harper is here. i will let her get started. >> for the sake of time i will not go through the entire presentation unless the board members want me to do so. >> assume that we have all read it. >> great. let's start out on page 5. >> we have a question. >> can you specifically focus on what the impact is of moving. >> i didn't hear the last part. moving? >> moving the discount rate or the current rate. you want to move it to reduce it to 7.25, correct? is that your recommendation? >> our recommendation is that you could consider moving it to 7.25. 7.4 is reasonable. if you move it to 7.25 . >> i would like to hear what are the specific impacts of moves it to 7.25? i know you support that. that is your recommendation. give us the specific impacts. how are we going to benefit from it? i think we should clarify what the recommendation is. the recommendation is from the service coordinator to maintain 7.4 and if you read the presentation and report, it basically is recommending that it is reasonable to st