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Boeing to Add $1.5 Billion to Pension Plans in 2012

The Chicago-based company contributed $500 million to its pension plans in 2011.

January 25, 2012
Related Topics: Top Stories - Frontpage, Labor Trends, Benefit Design and Communication, Retirement/Pensions, Defined Benefit Plans, Policies and Procedures, Latest News
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Boeing Co. plans to make a total of $1.5 billion in discretionary pension contributions in 2012, according to the company's fourth-quarter earnings release.

The Chicago-based company contributed $500 million to its pension plans in 2011.

Boeing's U.S. defined benefit plan assets totaled $49.3 billion as of Sept. 30, according to Pensions & Investments data. The plans' asset allocation as of that date was 48.7 percent fixed income; 34.9 percent equities; 10.7 percent alternatives; and 5.7 percent private equity.

Timothy Pollard writes for Pensions & Investments, a sister publication of Workforce Management. To comment, email editors@workforce.com.

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