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PensionWatch

Johnson & Johnson Pension Plan

corporate plan · Johnson & Johnson · Trenton, NJ

ACTIVEPBGC Covered
A
Pension Health Score
94/100
Funding Status88% Funded
0%80% threshold100%
$16.1B
Total Assets
$18.4B
Total Liabilities
$2.3B
Unfunded Liability
89,291
Participants

Funding History

What This Means for You

Johnson & Johnson Pension Plan is in excellent financial health at 88% funded. This means for every dollar the plan owes in future benefits, it has 88 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

YearAssetsLiabilitiesFunding RatioContributions
2025$16.1B$18.4B87.5%$869.8M
2024$15.2B$17.6B86.4%$684.2M
2023$14.7B$18.4B80.1%$838.9M
2022$14.7B$17.6B83.8%$893.6M
2021$13.3B$17.4B76.5%$696.3M

Frequently Asked Questions

Johnson & Johnson Pension Plan is 88% funded, meaning it has 88 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.

Johnson & Johnson Pension Plan has 89,291 total participants, including 48,627 active employees and 40,664 retirees currently receiving benefits.

Yes, Johnson & Johnson 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 "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.

Last updated:

Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.