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PensionWatch

Is New Jersey Police & Firemen's Retirement System (PFRS) Fully Funded?

New Jersey Police & Firemen's Retirement System (PFRS) has a funding ratio of 58.1%, with $21.6B in unfunded liabilities. It has a Health Score of 55/100 (C). This plan is not covered by PBGC insurance.

Key Data

MetricValue
Funding Ratio58.1%
Health Score55/100 (C)
Unfunded Liability$21.6B
Total Participants88,000
PBGC Risk LevelNot covered
Plan Typepublic

New Jersey Police & Firemen's Retirement System (PFRS) has a funding ratio of 58.1%, with $21.6B in unfunded liabilities. It has a Health Score of 55/100 (C). This plan is not covered by PBGC insurance.