United Tech to cut pension liabilities by $1.77 billion - Reuters

United Tech to cut pension liabilities by $1.77 billion Reuters United Technologies Corp, maker of Pratt & Whitney engines, said on Thursday it would cut the overall size of its pension liabilities by about $1.77 billion in 2016. The company, which also makes Otis elevators, said it expected to incur a one-time pre ... and more »