Central States, Southeast & Southwest Areas Pension Fund vs General Motors Hourly-Rate Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 58.1 percentage points (80.1% vs 22.0%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.
| Metric | Central States, Southeast & Southwest Areas Pension Fund | General Motors Hourly-Rate Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 29/100 (F) | 78/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 22.0% | 80.1%* |
| Total Assets | $9.5B | $66.5B |
| Total Liabilities | $43.2B* | $83.0B |
| Unfunded Liability | $33.7B | $16.5B* |
| Participants | 380,000 | 302,000 |
| 1-Year Investment Return | 4.5% | 7.2%* |
| Plan Type | multiemployer | corporate |
| PBGC Risk Level | critical | low |
| Sponsor | Teamsters Central States | General Motors |
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 58.1 percentage points (80.1% vs 22.0%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.