Corning Inc. Retirement Income Plan (Frozen)
corporate plan · Corning Inc. · Baton Rouge, LA
FROZENPBGC Covered
B
Pension Health Score
73/100
Funding Status73% Funded
0%80% threshold100%
$3.3B
Total Assets
$4.5B
Total Liabilities
$1.2B
Unfunded Liability
9,054
Participants
Funding History
What This Means for You
Corning Inc. Retirement Income Plan (Frozen) is in good financial health at 73% funded. This means for every dollar the plan owes in future benefits, it has 73 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
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $3.3B | $4.5B | 73.4% | $267.3M |
| 2024 | $3.2B | $4.3B | 74.3% | $288.4M |
| 2023 | $3.1B | $4.1B | 75.1% | $299.3M |
| 2022 | $3.0B | $4.1B | 72.6% | $246.2M |
| 2021 | $2.9B | $4.2B | 67.7% | $300.1M |