If you elect to comment or engage with our content via third-party social media websites, you authorize Aon to have access to certain social media profile information. Please click here to learn more about information that may be collected when using these tools on Aon.com
We present data that compares utility companies to each other and to general industry, including observations on trends within the Utility Industry over time. The focus of this report is on the retirement plan design within the Utility Industry, and it is the first such report. We plan to publish a second report in the spring of 2017 that focuses on the financial position of utility-sponsored retirement programs and associated strategies for the financial management of their programs.
Utility Industry Benchmarking Report
Our research finds that the Utility Industry continues to provide very valuable retirement benefits to its employees and, despite broader industry trends to the contrary, remains committed to the defined benefit (DB) pension system for providing those benefits. That said, the level of spending on retirement benefits and the degree of commitment toward DB pensions vary considerably among Utility Industry companies.