Washington State Department of Retirement Systems vs General Electric Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
Washington State Department of Retirement Systems has a stronger Pension Health Score of 82/100 (A) compared to General Electric Pension Plan at 72/100 (B). Funding ratios differ by 11.6 percentage points (87.8% vs 76.2%). Washington State Department of Retirement Systems covers 528,000 participants.
| Metric | Washington State Department of Retirement Systems | General Electric Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A)* | 72/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 87.8%* | 76.2% |
| Total Assets | $108.0B | $38.5B |
| Total Liabilities | $123.0B | $50.5B* |
| Unfunded Liability | $15.0B | $12.0B* |
| Participants | 528,000 | 318,000 |
| 1-Year Investment Return | 6.7% | 6.8%* |
| Plan Type | public | corporate |
| PBGC Risk Level | low | moderate |
| Sponsor | State of Washington | GE Aerospace (formerly General Electric) |
Washington State Department of Retirement Systems has a stronger Pension Health Score of 82/100 (A) compared to General Electric Pension Plan at 72/100 (B). Funding ratios differ by 11.6 percentage points (87.8% vs 76.2%). Washington State Department of Retirement Systems covers 528,000 participants.