Plumbers & Pipefitters National Pension Fund vs General Electric Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
General Electric Pension Plan has a stronger Pension Health Score of 72/100 (B) compared to Plumbers & Pipefitters National Pension Fund at 56/100 (C). Funding ratios differ by 12.1 percentage points (76.2% vs 64.1%). General Electric Pension Plan covers 318,000 participants.
| Metric | Plumbers & Pipefitters National Pension Fund | General Electric Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 56/100 (C) | 72/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 64.1% | 76.2%* |
| Total Assets | $21.0B | $38.5B |
| Total Liabilities | $32.8B* | $50.5B |
| Unfunded Liability | $11.8B* | $12.0B |
| Participants | 430,000 | 318,000 |
| 1-Year Investment Return | 5.5% | 6.8%* |
| Plan Type | multiemployer | corporate |
| PBGC Risk Level | high | moderate |
| Sponsor | United Association (UA) | GE Aerospace (formerly General Electric) |
General Electric Pension Plan has a stronger Pension Health Score of 72/100 (B) compared to Plumbers & Pipefitters National Pension Fund at 56/100 (C). Funding ratios differ by 12.1 percentage points (76.2% vs 64.1%). General Electric Pension Plan covers 318,000 participants.