New Century Energies, Denver, will merge with Northern States Power Co., Minneapolis, pending regulatory approval. If the merger is approved, New Century will begin combining the companies’ retirement plans.
New Century’s $1.3 billion master trust has a cash balance plan and two defined benefit plans, said a New Century representative. Northern States has a $2.3 billion defined benefit plan, as well as $500 million in a nuclear decommissioning trust, a spokesman said.
