Moog Inc. Retirement Income Plan (Frozen)
corporate plan · Moog Inc. · Boston, MA
Funding History
What This Means for You
Moog Inc. Retirement Income Plan (Frozen) is 82% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $683.9M 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 | $3.2B | $3.9B | 82.2% | $129.9M |
| 2024 | $3.1B | $3.6B | 84.1% | $131.6M |
| 2023 | $2.9B | $3.6B | 78.7% | $150.2M |
| 2022 | $2.8B | $3.7B | 74.3% | $151.3M |
| 2021 | $2.7B | $3.0B | 90.5% | $138.7M |
Frequently Asked Questions
Moog Inc. Retirement Income Plan (Frozen) is 82% funded, meaning it has 82 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Moog Inc. Retirement Income Plan (Frozen) has 39,836 total participants, including 22,252 active employees and 17,584 retirees currently receiving benefits.
Yes, Moog Inc. Retirement Income Plan (Frozen) 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.