Mueller Water Products Employees Pension Plan
corporate plan · Mueller Water Products · Phoenix, AZ
ACTIVEPBGC Covered
C
Pension Health Score
56/100
Funding Status69% Funded
0%80% threshold100%
$2.5B
Total Assets
$3.6B
Total Liabilities
$1.1B
Unfunded Liability
19,236
Participants
Funding History
What This Means for You
Mueller Water Products Employees Pension Plan is 69% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.1B 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
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $2.5B | $3.6B | 69.0% | $191.0M |
| 2024 | $2.5B | $3.7B | 67.2% | $190.9M |
| 2023 | $2.3B | $3.4B | 68.0% | $170.1M |
| 2022 | $2.2B | $3.4B | 64.9% | $174.2M |
| 2021 | $2.2B | $3.0B | 73.2% | $157.1M |