FedEx Corp., Memphis, Tenn., announced that its 2004 pension costs may increase by $80 million to $120 million. According to FedEx's quarterly SEC filing, the actual costs for the $5.5 billion pension plan cannot be determined until the plan's Feb. 28 measurement date.
Company officials said FedEx has contributed $241 million to its pension plans for fiscal 2003, ending May 31, and may make further contributions for the fiscal year, although it is not required to do so.
