Western Digital's (WDC) CEO Steve Milligan On Q4 2015 Results - Earnings Call Transcript. Good afternoon and thank you for standing by. Welcome to Western Digitalâs fourth quarter financial results for fiscal year 2015. Presently all participants are in a listen-only mode.
Pension funds of companies in the S&P 500 are underfunded by over $375BN, in aggregate, with the top 25 companies representing $225BN of the underfunding Skip to main content
American Airlines has frozen its employee pension plan which has $18.8 billion is liabilities and an estimated $ 8 billion funding shortfall. Because payments under defined benefit programs are calculated on both years of employee service and a certain percentage of final salary the American unfunded gap likely went down by a few billion.