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PensionWatch

Carpenter Technology Retirement Income Plan (Frozen)

corporate plan · Carpenter Technology · Carson City, NV

FROZENPBGC Covered
A
Pension Health Score
100/100
Funding Status101% Funded
0%80% threshold100%
$3.7B
Total Assets
$3.6B
Total Liabilities
$0
Unfunded Liability
12,878
Participants

Funding History

What This Means for You

Carpenter Technology Retirement Income Plan (Frozen) is in excellent financial health at 101% funded. This means for every dollar the plan owes in future benefits, it has 101 cents in assets to cover it. This plan is also covered by the PBGC, providing an additional safety net. Participants in this plan have relatively low risk of benefit reductions.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$3.7B$3.6B100.9%$240.7M
2024$3.6B$3.5B104.0%$248.9M
2023$3.4B$3.2B104.0%$281.7M
2022$3.3B$3.3B97.3%$284.0M
2021$3.1B$3.4B90.4%$229.3M