Financial Services Industry
Industry: Email Alert RSS FeedPension plan contributions announced.(News)
Pensions & Investments, November, 2004
Several companies revealed contributions already made - or expected to be made - to their pension plans in recent Securities and Exchange Commission filings. * ChevronTexaco Corp., San Ramon, Calif., contributed $1.2 billion to its worldwide pension plans in the first three quarters of 2004 and plans to add another $100 million in the fourth quarter, according to a company filing with the SEC.
The company had expected to contribute a total of $785 million this year. All but $21 million of funding so far this year has gone to ChevronTexaco's $5.2 billion U.S. defined benefit plan. * Emerson Electric Co., St. Louis, contributed $167 million to its pension plan in the year ended Sept. 30, down from $308 million a year earlier, according to the company's...
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