Unisys Corp., Blue Bell, Pa., expects to contribute $139.3 million to its global defined benefit plans in 2016, said its 10-K filed Monday with the Securities and Exchange Commission.
The contribution will be divided into $52.5 million to its U.S. pension funds and $86.8 million to its international pension funds.
In 2015, the company contributed $65.8 million to its U.S. plans and $85.2 million to its international plans.
Unisys' U.S. pension funds had $3.76 billion in total assets as of Dec. 31 and $5.23 billion in benefit obligations for a funding ratio of 72%. Unisys' international pension funds had $2.497 billion in assets as of Dec. 31 and $2.99 billion in benefit obligations for a funding ratio of 84%.
The U.S. pension funds' target allocation as of Dec. 31 was 58% equities, 36% fixed income and 6% real estate. The target allocation for the international plans as of the same date was 54% fixed income, 39% equities, 5% other, 1% real estate and 1% cash.
