Pfizer Inc., New York, plans to contribute $1.64 billion to its global pension plans in 2020.
By region and type of plan, the pharmaceutical company plans to contribute $1.276 billion to its U.S. qualified plans, $189 million to its U.S. non-qualified plans and $172 million to its non-U.S. plans, it disclosed in its new 10-K filing with the SEC on Thursday.
Pfizer contributed $230 million to the non-U.S. plans, $144 million to the U.S. non-qualified plans, and $11 million to the U.S. qualified plans in 2019.