Pension Plans in Virginia, Ranked by Health Score
Virginia has 6 pension plans covering 1,438,094 participants. The average funding ratio is 86.3%, ranking #10 among all states. 1 plans are underfunded.
Virginia has 6 pension plans in our dataset, ranked below by the LakeQuality pension-health composite. The score combines current funding ratio (50%), multi-year funding trend (30%), and PBGC risk classification (20%) into a 0-100 grade.
Top-of-list plans usually combine funded ratios at or above 90% with stable multi-year trajectories and low PBGC risk. Public-sector teacher and employee retirement systems dominate the top rankings in many states because their large asset bases support institutional investment management. Each plan below links to its full profile — multi-year funding history, participant demographics, sponsor financials where available, and the underlying factors driving the composite grade.
6
Total Plans
1,438,094
Participants
86.3%
Avg Funding
$185.0B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Virginia Retirement System (VRS) | 740,000 | 75.1% | B |
| 2 | Raytheon Company Pension Plan for Salaried Employees | 288,395 | 106.1% | A |
| 3 | Sheet Metal Workers National Pension Fund | 148,965 | 82.6% | A |
| 4 | Boeing Company Employee Retirement Plan | 118,601 | 92.0% | A |
| 5 | Northrop Grumman Pension Plan | 106,531 | 106.2% | A |
| 6 | General Dynamics Corporation Pension Plan | 35,602 | 86.4% | A |
Frequently Asked Questions
Virginia has 6 pension plans covering 1,438,094 participants, with combined assets of $185.0B against $214.5B in liabilities.
The average funding ratio across Virginia pension plans is 86.3%. 1 of 6 plans (17%) are considered underfunded.
Virginia Retirement System (VRS) is the top-rated plan in Virginia with a funding ratio of 75.1% and a Pension Health Grade of B.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.