BP PLC, London, made $83 million in pension plan contributions in the third quarter, and $249 million year-to-date Sept. 30, according to the company's quarterly earnings report. Details on how the contributions were split between the U.S. and U.K. plans were unavailable. In 2003, BP contributed $612 million to its plans in the third quarter and $947 million for the nine months ended Sept. 30. BP's U.S pension plan had $6.8 billion in assets and was 88% funded as of Dec. 31, according to another BP report; its U.K. plan had $19.2 billion in assets and was 117% funded.
BP makes $83 million in contributions
Sponsored
White Papers
Sponsored Content
Partner Content