Bell to kick in $750 million for pension plan

MONTREAL - BCE Inc. says it will apply $750 million of its year-end 2012 cash balance towards a voluntary contribution to Bell Canada's defined benefit pension plan. It's making the move to "further improve the funded status of the plan and reduce the amount of Bell's future pension obligation." "Accelerating the funding of Bell's future pension obligation is an efficient use of our cash given the backdrop of a persistently low interest rate environment," said Siim Vanaselja, Chief Financial Officer of BCE and Bell Canada. "With this contribution, which preserves the pension plan's funded status at a high level, we expect...