FedEx To Commit $500M To U.S. Pensions
FedEx is seeking to allocate about $500 million to its U.S. pension plans in 2012.
FedEx is seeking to allocate about $500 million to its U.S. pension plans in 2012, Pensions & Investments reports. The company had committed $480 million to the plans in 2011.
The company’s pension plans have invested about 27% in U.S. large-cap equities, 24% in corporate fixed income, 20% in U.S. government fixed income, 13% in international equities, 10% in U.S. smidcap equity and 3% each to private equity and cash.
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