Raytheon Company Pension Plan for Salaried Employees vs Missouri Public School Retirement System (PSRS)
Side-by-side pension health comparison from DOL and public plan data
Raytheon Company Pension Plan for Salaried Employees and Missouri Public School Retirement System (PSRS) are meaningfully apart on the LakeQuality pension-health rubric: Raytheon Company Pension Plan for Salaried Employees grades A while Missouri Public School Retirement System (PSRS) grades A. Funding ratios: 106% vs 84%.
Raytheon Company Pension Plan for Salaried Employees comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to Missouri Public School Retirement System (PSRS) at 80/100 (A). Funding ratios differ by 22.3 percentage points (106.1% vs 83.8%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.
| Metric | Raytheon Company Pension Plan for Salaried Employees | Missouri Public School Retirement System (PSRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 100/100 (A)* | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 106.1%* | 83.8% |
| Total Assets | $43.8B | $47.0B |
| Total Liabilities | $41.3B* | $56.1B |
| Unfunded Liability | $0* | $9.1B |
| Participants | 288,395 | 220,000 |
| 1-Year Investment Return | 7.3%* | 6.3% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | low |
| Sponsor | RTX Corporation | State of Missouri |
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to Missouri Public School Retirement System (PSRS) at 80/100 (A). Funding ratios differ by 22.3 percentage points (106.1% vs 83.8%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.