In December 2018, BCE made another $240 million voluntary pension plan contribution that further reinforced the strong solvency position of BCE's defined benefit (DB) pension plans and reduced the amount of BCE’s future pension obligations. It also better aligns the funded status of subsidiary BCE DB plans with Bell Canada's, while also substantially reducing the use of letters of credit for funding deficits.

Bell contributed an additional $240M in various pension plans in December 2018:

  • Ø $115M in Bell Canada plan                                                 
  • Ø $50M in Aliant plan
  • Ø $30M in MTS plan
  • Ø $22M in Bell Media plan
  • Ø $15M in Telebec plan
  • Ø $8M in NorthernTel

We are fortunate to have a financially strong employer in Bell, and to have the oversight that BPG brings to keep our pensions safe. 

The voluntary pension plan contribution was included in BCE’s report for the 2018 Q4 and full year results. For the full report, click on the link below:

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