Rhode Island Employees Retirement System (ERSRI) vs Textron Inc. Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Rhode Island Employees Retirement System (ERSRI) and Textron Inc. Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: Rhode Island Employees Retirement System (ERSRI) grades C while Textron Inc. Pension Plan grades A. Funding ratios: 58% vs 128%.
Textron Inc. Pension Plan 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
Textron Inc. Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Rhode Island Employees Retirement System (ERSRI) at 55/100 (C). Funding ratios differ by 70.1 percentage points (128.2% vs 58.1%). Textron Inc. Pension Plan covers 51,703 participants.
| Metric | Rhode Island Employees Retirement System (ERSRI) | Textron Inc. Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 55/100 (C) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 58.1% | 128.2%* |
| Total Assets | $9.5B | $5.2B |
| Total Liabilities | $16.4B | $4.1B* |
| Unfunded Liability | $6.9B | $0* |
| Participants | 55,000 | 51,703 |
| 1-Year Investment Return | 5.3% | 6.6%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | low |
| Sponsor | State of Rhode Island | Textron Inc. |
Textron Inc. Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to Rhode Island Employees Retirement System (ERSRI) at 55/100 (C). Funding ratios differ by 70.1 percentage points (128.2% vs 58.1%). Textron Inc. Pension Plan covers 51,703 participants.