Bristol-Myers Squibb Co., New York, expects to contribute a total of $550 million to its $4.1 billion U.S. pension plan this year, according to the company’s 10-K filing today.
According to the filing, the company contributed $400 million to the U.S. plan in January. In 2008, the company contributed $250 million to its U.S. pension plan.
As of Dec. 31, the plan’s asset allocation was 59% equities, 30% in debt and cash, 10% in private equity and 1% in other investments.
