Exelon and its subsidiaries plan to contribute $505 million to its qualified pension plans in 2021 and $51 million to non-qualified plans.
U.S. Bancorp contributed $1.1 billion to its two U.S. qualified pension plans in 2020, exceeding its forecast $125 million contribution.
Pinnacle West Capital Corp. plans to make voluntary contributions of up to $100 million to its defined benefit plans in 2021.
Wells Fargo made $700 million in voluntary contributions to its cash balance plan in 2020 and expects no required contributions in 2021.
Willis Towers Watson PLC plans to contribute a total of $132 million to its global pension plans in 2021.
Jan Goodwin was named executive director of the New Hampshire Retirement System, replacing George P. Lagos, who is retiring.
International Business Machines Corp. plans to contribute about $300 million to its non-U.S. defined benefit plans in 2021.
Arconic Corp. purchased a group annuity to transfer about $245 million in U.S. pension plan assets to cover $240 million in liabilities.
Johnson & Johnson contributed a total of $870 million to its global pension plans in 2020 and expects to contribute $110 million this year.
Abbott Laboratories plans to put about $410 million into its global pension plans in 2021, exceeding amounts contributed in 2020 and 2019.
Eastman Chemical Co. purchased a group annuity contract to transfer about $110 million in U.S. pension plan liabilities.
Peabody Energy Co. distributed lump sums totaling $52 million to active and former salaried participants in one of its U.S. pension plans.
Kellogg Co. purchased a group annuity contract from an insurance company to complete a pension buy-in transaction for its U.K. pension plan.
Peers and colleagues said David Villa, CIO of the $145 billion State of Wisconsin Investment Board, was a leader in portfolio management.