American Airlines Pilot Retirement Benefit Program
corporate plan · American Airlines Group · Houston, TX
Funding History
What This Means for You
American Airlines Pilot Retirement Benefit Program is 71% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.6B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. PBGC coverage provides a backstop, but benefits could be reduced to PBGC maximums in a worst-case scenario. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $6.3B | $8.9B | 70.5% | $186.1M |
| 2024 | $6.1B | $8.5B | 71.6% | $199.0M |
| 2023 | $5.9B | $8.5B | 69.8% | $204.4M |
| 2022 | $5.6B | $7.6B | 74.4% | $209.4M |
| 2021 | $5.4B | $7.7B | 70.3% | $213.7M |
Frequently Asked Questions
American Airlines Pilot Retirement Benefit Program is 71% funded, meaning it has 71 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
American Airlines Pilot Retirement Benefit Program has 18,712 total participants, including 11,514 active employees and 7,198 retirees currently receiving benefits.
Yes, American Airlines Pilot Retirement Benefit Program is covered by the Pension Benefit Guaranty Corporation (PBGC), which provides a backstop if the plan cannot pay benefits. The PBGC risk level is currently "moderate."
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.