Curtiss-Wright Corp. Employees Pension Plan
corporate plan · Curtiss-Wright Corp. · Shreveport, LA
Funding History
What This Means for You
Curtiss-Wright Corp. Employees Pension Plan is 72% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $596.8M 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 | $1.5B | $2.1B | 71.5% | $64.4M |
| 2024 | $1.5B | $2.2B | 66.4% | $59.4M |
| 2023 | $1.4B | $2.0B | 73.6% | $57.5M |
| 2022 | $1.4B | $2.0B | 68.5% | $65.6M |
| 2021 | $1.3B | $1.7B | 75.8% | $77.7M |
Frequently Asked Questions
Curtiss-Wright Corp. Employees Pension Plan is 72% funded, meaning it has 72 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
Curtiss-Wright Corp. Employees Pension Plan has 21,709 total participants, including 12,370 active employees and 9,339 retirees currently receiving benefits.
Yes, Curtiss-Wright Corp. Employees Pension 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 "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.