Kaman Aerospace Employees Pension Plan
corporate plan · Kaman Aerospace · Hartford, CT
Funding History
What This Means for You
Kaman Aerospace Employees Pension Plan is in good financial health at 92% funded. This means for every dollar the plan owes in future benefits, it has 92 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 | $3.9B | $4.2B | 92.1% | $300.6M |
| 2024 | $3.8B | $4.4B | 85.4% | $262.6M |
| 2023 | $3.7B | $4.2B | 88.8% | $324.3M |
| 2022 | $3.4B | $3.9B | 88.0% | $310.4M |
| 2021 | $3.4B | $3.6B | 93.5% | $245.1M |
Frequently Asked Questions
Kaman Aerospace Employees Pension Plan is 92% funded, meaning it has 92 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Kaman Aerospace Employees Pension Plan has 27,533 total participants, including 16,290 active employees and 11,243 retirees currently receiving benefits.
Yes, Kaman Aerospace 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 "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.