Levi Strauss & Co., San Francisco, plans to make $311 million in pension contributions from 2012 through 2016, according to its 10-K filing with the SEC.
Contributions will generally be spread evenly, about $65 million per year over the five-year period.
The company also said it expects contributions of $339 million from 2017 to 2021.
The fair value of Levi's defined benefit pension plans was $772 million as of Nov. 27, the end of the company's fiscal year, with a funded status of 64.1%.
Asset allocation for its DB plans was 45.8% fixed income; 44.1% equities; 7% real estate; and 1.9% cash and other; 0.6% private equity; and 0.6% hedge funds. The discount rate used to calculate benefit obligations fell to 4.9%, from 5.4% a year earlier.
