Avon Products Inc., New York, contributed $56 million to its domestic pension plan and $34 million to its international plans, according to a quarterly report filed with the SEC. The company plans to contribute another $3 million to the domestic plan and $10 million to the international pension plans before Dec. 31. Avon executives also are considering strategies to increase the funded status of the international plans and could contribute an additional $55 million before the end of the year, the filing said. Avon has $1.28 billion in pension assets, according to Money Market Directory.
Avon makes contributions to U.S., international plans
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