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The Latest UPS Headlines
UPS wraps up full funding with $3.2 billion contribution
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<blockquote data-quote="cheryl" data-source="post: 806789" data-attributes="member: 1"><p><a href="http://www.pionline.com/apps/pbcs.dll/article?AID=/20110201/DAILYREG/110209985/1034/PIDailyUpdate&issuedate=20110201" target="_blank"><strong>UPS wraps up full funding with $3.2 billion contribution - Pensions and Investments</strong></a></p><p> </p><p>United Parcel Service Inc., Atlanta, contributed $3.2 billion in cash to its U.S. pension plans in the last two months, said Norman Black, UPS spokesman. </p><p> </p><p>The company contributed $1.2 billion in January and $2 billion in December, he said.</p><p> </p><p>As a result of the contributions, each of the company's U.S. defined benefit pension plans is now more than 100% funded, Mr. Black said. The amount of the overfunding was unavailable, he said.</p></blockquote><p></p>
[QUOTE="cheryl, post: 806789, member: 1"] [URL="http://www.pionline.com/apps/pbcs.dll/article?AID=/20110201/DAILYREG/110209985/1034/PIDailyUpdate&issuedate=20110201"][B]UPS wraps up full funding with $3.2 billion contribution - Pensions and Investments[/B][/URL] United Parcel Service Inc., Atlanta, contributed $3.2 billion in cash to its U.S. pension plans in the last two months, said Norman Black, UPS spokesman. The company contributed $1.2 billion in January and $2 billion in December, he said. As a result of the contributions, each of the company's U.S. defined benefit pension plans is now more than 100% funded, Mr. Black said. The amount of the overfunding was unavailable, he said. [/QUOTE]
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UPS wraps up full funding with $3.2 billion contribution
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