Pension contributions
New Jersey to contribute $1.676 billion to pension fund in 2014
New Jersey will contribute a record $1.676 billion to its pension system in fiscal year 2014, a $647 million increase from this year, Gov. Chris Christie said in his budget address.
February 27, 2013 | 04:15 pm
TRW Automotive adds $171 million to pension plans in 2012
TRW Automotive Holdings, Livonia, Mich., made contributions totaling $171 million to its worldwide pension plans 2012. That amount was down slightly from $174 million in 2011.
February 15, 2013 | 03:52 pm
GM: No pension contributions coming for next 5 years
General Motors Co., Detroit, does not expect to make any mandatory pension contributions for the next five years, according to its fourth-quarter earnings statement.
February 14, 2013 | 04:03 pm
Goodyear contributes $454 million, announces move to LDI
Goodyear Tire & Rubber Co., Akron, Ohio, contributed $454 million to its U.S. pension plans in 2012 and announced plans for a liability-driven investing strategy for its U.S. pension plans.
February 12, 2013 | 03:11 pm
NCR adds $752 million to pension plans in 2012, continues derisking strategy
NCR Corp. contributed $100 million to its U.S. qualified pension plan in the fourth quarter of 2012, bringing total contributions to its worldwide plans to $752 million for the year.
February 08, 2013 | 11:49 am
Exelon plans $250 million discretionary contribution in 2013
Exelon Corp. plans to make a $250 million discretionary contribution to its U.S. pension plans this year.
February 07, 2013 | 03:24 pm
Corporate funded status improves in January — 2 reports
The funded status of the typical U.S. corporate defined benefit pension plan increased 4.9 percentage points to 81.2% in January, the highest level since March 2012, according to a monthly report...
February 05, 2013 | 03:56 pm
Yum! Brands contributes $119 million to pension plans
Yum! Brands Inc., Louisville, Ky., contributed $119 million to its worldwide defined benefit plans in 2012.
February 05, 2013 | 12:49 pm
Poll results: Will plans continue to make meaningful discretionary pension contributions?
More than 73% of P&I Online readers believe companies will make meaningful discretionary contributions to shore up their pension plan's funded status in 2013.
February 04, 2013 | 02:32 pm
New York State Teachers looking for analysis of governor's plan
New York State Teachers' Retirement System has issued an RFP for an independent actuary to evaluate a plan by Gov. Andrew Cuomo that would allow school districts to lock in steady annual...
February 04, 2013 | 01:55 pm
Air Products & Chemicals adds $230 million to pension plans
Air Products & Chemicals Inc., Allentown, Pa., contributed $230 million to its worldwide defined benefit pension plans for the quarter ended Dec. 31, the first quarter of its fiscal year 2013.
January 31, 2013 | 04:16 pm
Whirlpool to pour $140 million into U.S. pension plans in 2013
Whirlpool Corp., Benton Harbor, Mich., expects to make $140 million in cash contributions to its U.S. pension plans in 2013.
January 31, 2013 | 03:53 pm
Time Warner Cable funds pension with $289 million in 2012
Time Warner Cable Inc., New York, contributed $289 million to its defined benefit pension plan in 2012, including a $137 million contribution in the fourth quarter, according to its fourth-quarter...
January 31, 2013 | 03:12 pm
Carpenter Technology carves out $165 million for pension funds
Carpenter Technology Corp., Wyomissing, Pa., expects to make a discretionary contribution of $165 million to its two defined benefit pension plans before the end of its fiscal year on June 30,...
January 31, 2013 | 04:17 pm
Northrop Grumman eyes $500 million in 2013 contributions
Northrop Grumman Corp. expects $500 million in discretionary cash contributions to its worldwide pension plans in 2013.
