Raytheon Company Pension Plan for Salaried Employees vs Pennsylvania State Employees Retirement System (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to Pennsylvania State Employees Retirement System (SERS) at 57/100 (C). Funding ratios differ by 43.0 percentage points (106.1% vs 63.1%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.
| Metric | Raytheon Company Pension Plan for Salaried Employees | Pennsylvania State Employees Retirement System (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 100/100 (A)* | 57/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 106.1%* | 63.1% |
| Total Assets | $43.8B | $36.2B |
| Total Liabilities | $41.3B* | $57.4B |
| Unfunded Liability | $0* | $21.2B |
| Participants | 288,395 | 245,000 |
| 1-Year Investment Return | 7.3%* | 5.4% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | high |
| Sponsor | RTX Corporation | State of Pennsylvania |
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to Pennsylvania State Employees Retirement System (SERS) at 57/100 (C). Funding ratios differ by 43.0 percentage points (106.1% vs 63.1%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.