US Steel Corporation Pension Plan
corporate plan · United States Steel · Philadelphia, PA
ACTIVEPBGC Covered
C
Pension Health Score
59/100
Funding Status59% Funded
0%80% threshold100%
$6.6B
Total Assets
$11.2B
Total Liabilities
$4.6B
Unfunded Liability
67,509
Participants
Funding History
What This Means for You
US Steel Corporation Pension Plan is 59% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $4.6B 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 | $6.6B | $11.2B | 59.1% | $473.7M |
| 2024 | $6.5B | $10.1B | 64.0% | $500.5M |
| 2023 | $6.2B | $11.4B | 54.4% | $382.1M |
| 2022 | $5.7B | $10.3B | 56.0% | $486.9M |
| 2021 | $5.7B | $10.7B | 53.2% | $543.5M |