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PensionRisk

Virginia Retirement System (VRS) vs General Dynamics Corporation Pension Plan

Side-by-side pension health comparison from DOL and public plan data

Virginia Retirement System (VRS) (B) and General Dynamics Corporation Pension Plan (A) are close on the LakeQuality rubric. Funding ratios sit at 75% and 86% respectively — within a few points of each other.

With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.

Verdict

General Dynamics Corporation Pension Plan has a stronger Pension Health Score of 83/100 (A) compared to Virginia Retirement System (VRS) at 70/100 (B). Funding ratios differ by 11.3 percentage points (86.4% vs 75.1%). General Dynamics Corporation Pension Plan covers 35,602 participants.

MetricVirginia Retirement System (VRS)General Dynamics Corporation Pension Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
70/100 (B)83/100 (A)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
75.1%86.4%*
Total Assets$87.0B$3.0B
Total Liabilities$115.8B$3.5B*
Unfunded Liability$28.8B$470.9M*
Participants740,00035,602
1-Year Investment Return6.0%7.4%*
Plan Typepubliccorporate
PBGC Risk Levelmoderatelow
SponsorState of VirginiaGeneral Dynamics

General Dynamics Corporation Pension Plan has a stronger Pension Health Score of 83/100 (A) compared to Virginia Retirement System (VRS) at 70/100 (B). Funding ratios differ by 11.3 percentage points (86.4% vs 75.1%). General Dynamics Corporation Pension Plan covers 35,602 participants.

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