PG&E 2015 Annual Report Download - page 113
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PART II
ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
PensionPlan
(inmillions) AbsoluteReturn Fixed-Income RealAssets Total
FortheyearendedDecember
Balanceatbeginningofyear
Actualreturnonplanassets
Relating to assets still held at the reporting date
Relating to assets sold during the period - -
Purchasesissuancessalesandsettlements
Purchases -
Settlements - () () ()
Balanceatendofyear
PBOPPlans
(inmillions) AbsoluteReturn Fixed-Income RealAssets Total
FortheyearendedDecember
Balanceatbeginningofyear
Actualreturnonplanassets
Relating to assets still held at the reporting date () -
Relating to assets sold during the period - - - -
Purchasesissuancessalesandsettlements
Purchases -
Settlements - () - ()
Balanceatendofyear -
PBOPPlans
(inmillions) AbsoluteReturn Fixed-Income RealAssets Total
FortheyearendedDecember
Balanceatbeginningofyear
Actualreturnonplanassets
Relating to assets still held at the reporting date -
Relating to assets sold during the period - - - -
Purchasesissuancessalesandsettlements
Purchases - -
Settlements - () - ()
Balanceatendofyear
There were no material transfers out of Level 3 in 2015 and 2014.
Cash Flow Information
Employer Contributions
PG&E Corporation and the Utility contributed $334 million
to the pension benefit plans and $61 million to the other
benefit plans in 2015. These contributions are consistent
with PG&E Corporation’s and the Utility’s funding policy,
which is to contribute amounts that are tax-deductible
and consistent with applicable regulatory decisions and
federal minimum funding requirements. None of these
pension or other benefits were subject to a minimum
funding requirement requiring a cash contribution in
2015. The Utility’s pension benefits met all the funding
requirements under ERISA. PG&E Corporation and the
Utility expect to make total contributions of approximately
$327 million and $61 million to the pension plan and other
postretirement benefit plans, respectively, for 2016.