ATLANTA — Delta Air Lines said Thursday that it’s on track to contribute nearly $1 billion to its employees’ retirement plans this year, and it is providing some of the funding earlier than previously scheduled.
The world’s biggest airline said that by the end of April it will have contributed $665 million to its traditional pension plans this year, in addition to $100 million that has been contributed to employees’ defined-contribution 401(k) plans.
Another roughly $200 million is scheduled to be contributed to 401(k) plans during the balance of the year.
Delta, based in Atlanta, says its pension funding is normally distributed throughout the year, with the majority of contributions being added near the end.
Send questions/comments to the editors.
-
Local & State
Old Orchard couple accused of selling fentanyl
-
Local & State
Maine labor department warns of social media scams
-
Local & State
Maine CDC reports 185 cases of COVID-19, no new deaths
-
Sports
‘Miracle on Ice’ star Mark Pavelich dies at treatment home
-
Letters
Letter to the editor: Rodney King’s question is more relevant than ever
Success. Please wait for the page to reload. If the page does not reload within 5 seconds, please refresh the page.
Enter your email and password to access comments.
Hi {SUB NAME}, to comment on stories you must . This profile is in addition to your subscription and website login.
Already have one? .
Invalid username/password.
Please check your email to confirm and complete your registration.
Only subscribers are eligible to post comments. Please subscribe or login to participate in the conversation. Here’s why.
Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.