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PensionWatch

Is Michigan Public School Employees Retirement System (MPSERS) Fully Funded?

Michigan Public School Employees Retirement System (MPSERS) has a funding ratio of 60.4%, with $35.4B in unfunded liabilities. It has a Health Score of 56/100 (C). This plan is not covered by PBGC insurance.

Key Data

MetricValue
Funding Ratio60.4%
Health Score56/100 (C)
Unfunded Liability$35.4B
Total Participants465,000
PBGC Risk LevelNot covered
Plan Typepublic

Michigan Public School Employees Retirement System (MPSERS) has a funding ratio of 60.4%, with $35.4B in unfunded liabilities. It has a Health Score of 56/100 (C). This plan is not covered by PBGC insurance.