Visteon has announced that they will “freeze” the Visteon Pension Plan (VPP) effective December 31, 2011. As of this date, no further cash balance pay credits will be earned and an employee’s base pay as of December 31, 2011 will be used to calculate their pension payment. In conjunction with the VPP freeze, Visteon also announced an increase in the company match to the Visteon Investment Plan (VIP). Effective January 1, 2012, Visteon will match 100% of employee contributions up to 6% of base pay. Previously, the match was 25% of employee contributions up to 6% of base pay.