US - Tyre company Goodyear plans to make $1.3bn in pension contributions through 2013, more than halving its pension liabilities, the firm said.
Goodyear plans to contribute $275m in 2011, $550m in 2012 and $575m in 2013. As a result, the pension obligation will drop to $1.2bn by 2013. Pension contributions will drop to $100m per year by...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
