3M, Dow among firms making pension contributions.(News)

Pensions & Investments, November, 2005

Several companies announced contributions made to their pension plans in the third quarter, or those planned through the end of the year. 3M Co., St. Paul, Minn., made a special contribution of $300 million to its $8 billion U.S. defined benefit plan in the third quarter, according to the company's latest 10-Q filing.

The company might make another contribution of an unspecified size to its U.S. plan later in the year, depending on the year-end funding status. For the first nine months of this year, 3M contributed a total of $397 million to its U.S. and international pension plans and $105 million to its post-retirement plans. Dow Chemical Co., Midland, Mich. contributed $198 million to its defined benefit plans in the third quarter. The company said in...

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