Is Michigan State Employees Retirement System Fully Funded?
Michigan State Employees Retirement System has a funding ratio of 61.8%, with $7.5B in unfunded liabilities. It has a Health Score of 56/100 (C). This plan is not covered by PBGC insurance.
Key Data
| Metric | Value |
|---|---|
| Funding Ratio | 61.8% |
| Health Score | 56/100 (C) |
| Unfunded Liability | $7.5B |
| Total Participants | 88,000 |
| PBGC Risk Level | Not covered |
| Plan Type | public |
Michigan State Employees Retirement System has a funding ratio of 61.8%, with $7.5B in unfunded liabilities. It has a Health Score of 56/100 (C). This plan is not covered by PBGC insurance.