Curtiss-Wright Employees Pension Plan
corporate plan · Curtiss-Wright · Miami, FL
Funding History
What This Means for You
Curtiss-Wright Employees Pension Plan is 72% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.5B 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 | $3.9B | $5.4B | 72.2% | $276.8M |
| 2024 | $3.8B | $5.3B | 71.6% | $275.7M |
| 2023 | $3.6B | $5.8B | 62.7% | $307.8M |
| 2022 | $3.4B | $4.4B | 76.8% | $278.1M |
| 2021 | $3.3B | $4.1B | 79.9% | $309.9M |
Frequently Asked Questions
Curtiss-Wright 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 Employees Pension Plan has 6,509 total participants, including 3,983 active employees and 2,526 retirees currently receiving benefits.
Yes, Curtiss-Wright 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.