General Motors Hourly-Rate Employees Pension Plan vs Verizon Management 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 Verizon Management Pension Plan at 72/100 (B). Funding ratios differ by 0.3 percentage points (80.1% vs 79.8%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.
| Metric | General Motors Hourly-Rate Employees Pension Plan | Verizon Management Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 78/100 (B)* | 72/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 80.1%* | 79.8% |
| Total Assets | $66.5B | $26.0B |
| Total Liabilities | $83.0B | $32.6B* |
| Unfunded Liability | $16.5B | $6.6B* |
| Participants | 302,000 | 225,000 |
| 1-Year Investment Return | 7.2%* | 7.1% |
| Plan Type | corporate | corporate |
| PBGC Risk Level | low | moderate |
| Sponsor | General Motors | Verizon Communications |
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to Verizon Management Pension Plan at 72/100 (B). Funding ratios differ by 0.3 percentage points (80.1% vs 79.8%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.