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PensionWatch

American Airlines Pilot Retirement Benefit Program

corporate plan · American Airlines Group · Houston, TX

ACTIVEPBGC Covered
C
Pension Health Score
64/100
Funding Status71% Funded
0%80% threshold100%
$6.3B
Total Assets
$8.9B
Total Liabilities
$2.6B
Unfunded Liability
18,712
Participants

Funding History

What This Means for You

American Airlines Pilot Retirement Benefit Program is 71% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.6B 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$6.3B$8.9B70.5%$186.1M
2024$6.1B$8.5B71.6%$199.0M
2023$5.9B$8.5B69.8%$204.4M
2022$5.6B$7.6B74.4%$209.4M
2021$5.4B$7.7B70.3%$213.7M