RTX moves $2.5 billion of pension obligations to Prudential, with $300 million charge
RTX Corporation began a buy-out conversion of a group annuity contract held by its Consolidated Pension Plan, transferring about $2.5 billion of gross pension obligations to Prudential Insurance Company of America. The filing says the transaction will not diminish the Plan's funded status and will not change benefit amounts, but the company expects a one-time, non-cash pretax pension settlement charge of about $300 million in the fourth quarter of 2025.
Key points
- About $2.5 billion of gross pension obligations will transfer from the Plan to Prudential.
- Prudential will take over benefits for about 60,000 retirees and beneficiaries, roughly one-third of those in the Plan.
- Expected one-time, non-cash pretax pension settlement charge of about $300 million in Q4 2025, subject to final actuarial assumptions.
- Transaction is expected to close by December 30, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 13, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.