Caterpillar Inc. Retirement Income Plan
corporate plan · Caterpillar Inc. · Chicago, IL
Funding History
What This Means for You
Caterpillar Inc. Retirement Income Plan is in excellent financial health at 81% funded. This means for every dollar the plan owes in future benefits, it has 81 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $13.5B | $16.7B | 80.7% | $638.8M |
| 2024 | $13.1B | $15.6B | 84.0% | $644.0M |
| 2023 | $12.6B | $15.0B | 83.7% | $715.4M |
| 2022 | $12.4B | $15.1B | 81.9% | $539.2M |
| 2021 | $11.7B | $16.1B | 72.7% | $717.7M |
Frequently Asked Questions
Caterpillar Inc. Retirement Income Plan is 81% funded, meaning it has 81 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Caterpillar Inc. Retirement Income Plan has 88,303 total participants, including 31,340 active employees and 56,963 retirees currently receiving benefits.
Yes, Caterpillar Inc. Retirement Income Plan 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 "low."
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.