- Current report filing (8-K)
March 02 2010 - 3:34PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 28, 2010
CMS Bancorp Inc.
(Exact name of registrant as
specified in its charter)
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Delaware
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001-33322
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20-8137247
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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123 Main Street, Suite 750 White Plains, New York
10601
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(Address of principal executive offices)
(Zip Code)
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Registrants telephone number, including area code: (914) 422-2700
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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Effective February 28, 2010, CMS Bancorp Inc. (the Company) suspended the accrual of all future benefits
under the Companys non-contributory defined benefit pension plan (the Pension Plan). Employees will not earn any new benefits under the Pension Plan after this date. The suspension is expected to reduce the Companys annual
pension expense by approximately $130,000 for the year ended September 30, 2010 compared to what the expense would have been without such suspension of the accrual of benefits. This suspension is expected to reduce the Companys annual
pension expense by approximately $300,000 per year thereafter, compared to what the expense would have been without such suspension of the accrual of benefits. The Companys executive officers, including the named executive officers, currently
participate in the Pension Plan.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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CMS Bancorp Inc.
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(Registrant)
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March 2, 2010
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/s/ STEPHEN DOWD
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(Date)
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Stephen Dowd
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Senior Vice President and Chief Financial Officer
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