Stanley Black & Decker Employees Pension Plan
corporate plan · Stanley Black & Decker · Hartford, CT
Funding History
What This Means for You
Stanley Black & Decker Employees Pension Plan is 58% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $3.3B 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 | $4.5B | $7.8B | 57.9% | $226.9M |
| 2024 | $4.3B | $8.4B | 51.1% | $166.3M |
| 2023 | $4.2B | $7.0B | 60.2% | $181.2M |
| 2022 | $4.0B | $7.4B | 54.2% | $167.4M |
| 2021 | $3.8B | $6.6B | 57.2% | $174.0M |
Frequently Asked Questions
Stanley Black & Decker Employees Pension Plan is 58% funded, meaning it has 58 cents in assets for every dollar in future benefit obligations. This is significantly underfunded and participants should monitor the situation closely.
Stanley Black & Decker Employees Pension Plan has 38,123 total participants, including 23,108 active employees and 15,015 retirees currently receiving benefits.
Yes, Stanley Black & Decker 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.