Skip to main content
PensionWatch

Alcoa Inc. Retirement Plan

corporate plan · Alcoa Corporation · Pittsburgh, PA

ACTIVEPBGC Covered
C
Pension Health Score
52/100
Funding Status74% Funded
0%80% threshold100%
$5.5B
Total Assets
$7.4B
Total Liabilities
$2.0B
Unfunded Liability
42,834
Participants

Funding History

What This Means for You

Alcoa Inc. Retirement Plan is 74% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.0B 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

YearAssetsLiabilitiesFunding RatioContributions
2025$5.5B$7.4B73.6%$334.0M
2024$5.2B$7.3B71.9%$404.0M
2023$5.2B$6.8B76.1%$344.7M
2022$4.8B$6.0B79.5%$380.0M
2021$4.5B$5.4B82.3%$456.2M