Eaton Corporation Employees Pension Plan
corporate plan · Eaton Corporation · Hattiesburg, MS
ACTIVEPBGC Covered
D
Pension Health Score
42/100
Funding Status61% Funded
0%80% threshold100%
$4.2B
Total Assets
$6.8B
Total Liabilities
$2.6B
Unfunded Liability
12,183
Participants
Funding History
What This Means for You
Eaton Corporation Employees Pension Plan is significantly underfunded at 61%, with $2.6B in unfunded liabilities affecting 12,183 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.2B | $6.8B | 61.2% | $209.3M |
| 2024 | $3.9B | $6.6B | 59.4% | $226.0M |
| 2023 | $3.9B | $6.8B | 57.0% | $198.3M |
| 2022 | $3.7B | $5.9B | 63.4% | $207.2M |
| 2021 | $3.5B | $5.2B | 67.6% | $195.8M |