Textron Inc. Pension Plan
corporate plan · Textron Inc. · Cranston, RI
ACTIVEPBGC Covered
C
Pension Health Score
58/100
Funding Status69% Funded
0%80% threshold100%
$4.2B
Total Assets
$6.0B
Total Liabilities
$1.9B
Unfunded Liability
37,566
Participants
Funding History
What This Means for You
Textron Inc. Pension Plan is 69% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $1.9B 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 | $4.2B | $6.0B | 68.8% | $214.1M |
| 2024 | $4.0B | $5.6B | 72.4% | $207.1M |
| 2023 | $3.8B | $5.4B | 70.3% | $193.7M |
| 2022 | $3.6B | $5.8B | 62.3% | $247.8M |
| 2021 | $3.6B | $5.0B | 71.9% | $183.7M |