United Technologies Corp., Hartford, Conn., contributed $663 million to its $13.8 billion pension plan for 2005, according to the company's earnings announcement today. Company officials plan to decrease the 2006 contribution to $500 million, saying pension funding is now strong again, the announcement said.
Separately, AMR Corp., Fort Worth, Texas, contributed $36 million to its pension plans this month, according to a company spokesman. AMR, parent of American Airlines, expects to contribute $250 million to its $7.8 billion pension plans this year, he said. In the fourth quarter, AMR contributed $22 million to the plans, bringing its total for 2005 to $310 million.