Oshkosh Corporation Employees Pension Plan
corporate plan · Oshkosh Corporation · San Francisco, CA
Funding History
What This Means for You
Oshkosh Corporation Employees Pension Plan is 80% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $478.9M 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 | $1.9B | $2.4B | 79.8% | $113.0M |
| 2024 | $1.8B | $2.1B | 86.1% | $96.0M |
| 2023 | $1.8B | $2.3B | 77.7% | $87.8M |
| 2022 | $1.7B | $2.0B | 87.1% | $89.1M |
| 2021 | $1.6B | $1.9B | 83.5% | $114.1M |
Frequently Asked Questions
Oshkosh Corporation Employees Pension Plan is 80% funded, meaning it has 80 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Oshkosh Corporation Employees Pension Plan has 30,452 total participants, including 18,934 active employees and 11,518 retirees currently receiving benefits.
Yes, Oshkosh Corporation 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.