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DEFINED BENEFIT

Sempra Energy powers up $180 million pension contribution for 2017

Updated with correction.

Sempra Energy, San Diego, plans to contribute a total of $180 million to its pension plans in 2017, the company disclosed in its 10-K filing on Tuesday.

The company contributed $104 million to its plans in 2016.

As of Dec. 31, pension plan assets totaled $2.46 billion, while projected benefit obligations totaled $3.68 billion, for a funding ratio of 66.8%, down from 68.1% in 2015. The plans’ discount rate dropped to 4.08% in 2016 from 4.46% the year before.