Pension calculators by employer

Every page runs the IRS 417(e) minimum lump sum math and adds the plan's context: whether it's still accruing or frozen, and its buyout and annuity transfer history.

Employers covered

Active plans

Frozen plans

PBGC-administered

Aerospace and Defense

Boeing

Frozen

Pension Value Plan (non-union); Boeing Company Employee Retirement Plan (IAM 751)

Lockheed Martin

Frozen

Lockheed Martin Corporation Salaried Employee Retirement Program

RTX Corporation (Raytheon)

Active

RTX Consolidated Pension Plan

Northrop Grumman

Active

Northrop Grumman U.S. defined benefit pension plans

Automotive

General Motors

Frozen

GM U.S. salaried pension plan

Ford Motor Company

Active

Ford U.S. pension plans

Automotive (Union)

UAW

Active

GM and Ford hourly pension plans

Transportation and Logistics (Union)

Teamsters

Active

Central States, Southeast and Southwest Areas Pension Plan

Electrical and Utility (Union)

IBEW

Active

National Electrical Benefit Fund (NEBF)

Aviation

Delta Air Lines

Frozen

Delta defined benefit pension plans; Delta Pilots Retirement Plan (PBGC trusteed)

United Airlines

PBGC

United Air Lines pilot, ground, flight attendant and management plans (PBGC trusteed)

American Airlines

Frozen

American Airlines defined benefit pension plans

Telecommunications

AT&T

Active

AT&T Pension Benefit Plan

Verizon

Frozen

Verizon Management Pension Plan

Telecommunications (Union)

AT&T / CWA

Active

AT&T Pension Benefit Plan (nonmanagement)

Energy

ExxonMobil

Active

ExxonMobil Pension Plan

Chemical Manufacturing

Dow

Frozen

Dow U.S. pension plans

Pharmaceutical

Merck

Active

Merck U.S. defined benefit pension plans

Pfizer

Frozen

Pfizer Consolidated Pension Plan

Agricultural and Construction Equipment

John Deere

Active

Deere U.S. salaried and hourly pension plans

Logistics and Shipping

UPS

Active

UPS Retirement Plan and UPS/IBT Full-Time Employee Pension Plan

Aerospace and Industrial Technology

Honeywell

Active

Honeywell U.S. defined benefit pension plans

Electric Utility

Southern Company

Active

Southern Company system qualified pension plan

Technology

IBM

Active

IBM Personal Pension Plan

Industrial Manufacturing

Active

3M primary U.S. defined benefit pension plan

Imaging Technology

Eastman Kodak

Active

Kodak Retirement Income Plan (terminated 2025); Kodak Cash Balance Plan

Industrial Conglomerate

General Electric

Frozen

GE Pension Plan

Industrial Equipment

Caterpillar

Frozen

Caterpillar U.S. pension plans

Technology Services

Xerox

Frozen

Xerox U.S. defined benefit pension plans

Don't see your employer?

The main calculator works for any pension plan. Enter your monthly benefit, retirement age, and the segment rates your plan uses. The IRS 417(e) formula applies regardless of employer.

Use the generic calculator

How employer-specific context changes your decision

The IRS 417(e) minimum is the same calculation for every plan. The inputs change: your benefit, your start age and the month of rates your plan uses. The employer context changes too: whether the plan is frozen, whether retirees were moved to an insurer, and which payment forms the plan allows.

When a plan moves retirees to an insurer, PBGC no longer guarantees those annuities. State insurance guaranty associations back them instead. AT&T (2023), GM (2012 and 2024), Verizon (2012 and 2024), Lockheed Martin (2021, 2022 and 2025), IBM (2022 and 2024), 3M (2024), RTX (2025), Kodak (2025) and ExxonMobil (2025) have all done this for some retirees.

PBGC's guarantee for single-employer plans depends on your age when payments start and the annuity form. For 2026 a straight-life annuity is guaranteed up to $7,789.77 a month at 65, $3,505.40 at 55 and $12,931.02 at 70.

Multiemployer plans, including many Teamsters and IBEW funds, are run by joint boards of trustees, and PBGC guarantees them under a separate formula capped at $35.75 a month per year of service. UAW pensions at GM and Ford are single-employer plans sponsored by the automakers.