Emerson Electric Employees Pension Plan
corporate plan · Emerson Electric · Norfolk, VA
Funding History
What This Means for You
Emerson Electric Employees Pension Plan is significantly underfunded at 63%, with $2.2B in unfunded liabilities affecting 26,897 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $3.8B | $6.0B | 62.8% | $162.1M |
| 2024 | $3.8B | $6.3B | 59.8% | $190.9M |
| 2023 | $3.4B | $5.5B | 61.3% | $170.0M |
| 2022 | $3.4B | $5.6B | 60.5% | $188.3M |
| 2021 | $3.3B | $4.9B | 67.1% | $187.4M |
Frequently Asked Questions
Emerson Electric Employees Pension Plan is 63% funded, meaning it has 63 cents in assets for every dollar in future benefit obligations. This is below the 80% threshold actuaries consider healthy, and may require increased contributions.
Emerson Electric Employees Pension Plan has 26,897 total participants, including 12,350 active employees and 14,547 retirees currently receiving benefits.
Yes, Emerson Electric 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 "high."
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.