Raytheon Company Pension Plan for Salaried Employees vs State Universities Retirement System of Illinois (SURS)
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 State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 62.0 percentage points (106.1% vs 44.1%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.
| Metric | Raytheon Company Pension Plan for Salaried Employees | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 100/100 (A)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 106.1%* | 44.1% |
| Total Assets | $43.8B | $22.5B |
| Total Liabilities | $41.3B* | $51.0B |
| Unfunded Liability | $0* | $28.5B |
| Participants | 288,395 | 218,000 |
| 1-Year Investment Return | 7.3%* | 5.1% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | critical |
| Sponsor | RTX Corporation | State of Illinois |
Raytheon Company Pension Plan for Salaried Employees has a stronger Pension Health Score of 100/100 (A) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 62.0 percentage points (106.1% vs 44.1%). Raytheon Company Pension Plan for Salaried Employees covers 288,395 participants.