Scheduling
Time & Attendance
Forecasting
Employee App
Payroll Integrations
Communications
Benefits
By Staff Report
Apr. 26, 2011
Ford Motor Co., based in Dearborn, Michigan, contributed $300 million to its automotive division pension plans in the first quarter, the company announced on April 26.
Ford contributed the same amount in the first quarter of 2010.
According to its 2010 10-K, filed Feb. 28, Ford expects to contribute a total of $1.6 billion to its worldwide pension plans in 2011—$1.2 billion to automotive division pension plans and the remainder to make direct benefit payments.
As of Dec. 31, 2011, the asset allocation of Ford’s U.S. plans was 45.5 percent fixed income; 43 percent equities; 7.1 percent hedge funds; 3.7 percent private equity; 0.4 percent cash and other; and 0.3 percent real estate. Asset allocation for the non-U.S. plan as of Dec. 31, 2011, was 37.8 percent equities; 34.4 percent fixed income; 23.7 percent cash and other; 3.8 percent hedge funds; 0.2 percent private equity; and 0.1 percent real estate.
Filed by Timothy Pollard of Pensions & Investments, a sister publication of Workforce Management. To comment, email editors@workforce.com.
Stay informed and connected. Get human resources news and HR features via Workforce Management’s Twitter feed or RSS feeds for mobile devices and news readers.
Come see what we’re building in the world of predictive employee scheduling, superior labor insights and next-gen employee apps. We’re on a mission to automate workforce management for hourly employees and bring productivity, optimization and engagement to the frontline.
Benefits
What is Earned Wage Access (EWA)? A Few ConsiderationsSummary Earned wage access (EWA) programs are an increasingly popular way for employees to access their...
benefits, earned wage access products, payroll, time and attendance
Benefits
EEOC says that employers legally can offer incentives to employees to get vaccinated in almost all instancesIf you’re an employer looking to get as many of your employees vaccinated as possible, you can rest eas...
ADA, CDC, COVID-19, EEOC, GINA, pandemic, vaccinated
Benefits
Fixing some common misconceptions about HIPAAEver since the CDC amended its COVID-19 guidance to say that the fully vaccinated no longer need to wea...
COVID-19, health care, HIPAA, human resources, wellness