Updated:
McKesson (US) Pension Plan
The McKesson (US) Pension Plan was the defined benefit retirement vehicle for McKesson Corporation, the Irving, Texas-based pharmaceutical and medical supplies...
McKesson (US) Pension Plan
The McKesson (US) Pension Plan was the defined benefit retirement vehicle for McKesson Corporation, the Irving, Texas-based pharmaceutical and medical supplies distributor. No founding date for the plan is publicly recorded, and its governance, investment committee, and named principals are not disclosed. The plan was frozen to all future benefit accruals on December 31, 2017 (per Pensions & Investments, 2018), and its board of directors voted to terminate it on May 23, 2018. No current investment strategy, asset-class mix, portfolio holdings, or geographic deployment are publicly available. As a frozen and subsequently terminated corporate pension plan, its remaining obligations are likely being settled through liability-driven investing or annuity purchases, but no specific deals, fund commitments, or manager relationships have been reported. Team size, additional offices, and adjacent vehicles — such as dedicated real-asset arms or philanthropic foundations tied to the plan — are unknown. McKesson Corporation remains an active operating company, but the pension plan's own board has not published operational updates, personnel changes, or capital deployment figures in the last 24 months. The plan's structural differentiator is its terminal status: unlike going-concern corporate pensions that continuously adjust asset allocations and liability hedges, the McKesson (US) Pension Plan has been terminated. This places it in the end-of-life phase where residual assets are mapped precisely to remaining benefit obligations, and the plan will eventually close through a group annuity buyout or lump-sum window.
General information
Firm type
Pension Fund
Year founded
1833
Location
Region
North America
Country
United States
City
Irving
Corporate office
Irving, TX, United States
Frequently asked questions
When was the McKesson (US) Pension Plan frozen, and when was the decision made to terminate it?
The plan was frozen to all future benefit accruals on December 31, 2017. Its board of directors then voted to terminate the plan on May 23, 2018, as reported by Pensions & Investments.
What is the current investment posture of the plan?
No current investment posture is publicly disclosed. As a terminated defined benefit plan, it is in the process of winding down its obligations, which typically involves converting assets to liability-matching fixed-income instruments or purchasing a group annuity to settle remaining benefit payments, but the specific path for this plan has not been published.
Who ran investment decisions for the plan?
The names of the investment committee members, staff, trustees, or any external OCIO that managed the plan's assets are not disclosed in publicly available sources.
Does the plan participate in fund commitments, direct deals, or co-investments?
No information about the plan's historic or current approach to fund commitments, direct investments, or co-investment programs is available. Its status as a terminated corporate pension makes active partnerships with external GPs unlikely.
Is the plan related to any philanthropic or adjacent investment vehicles?
The plan itself has no publicly disclosed ties to philanthropic foundations or adjacent vehicles. McKesson Corporation maintains its own corporate foundation, but that entity is separate from the terminated pension plan.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: