AT&T Pension Benefit Plan vs Michigan Public School Employees Retirement System (MPSERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 21.4 percentage points (81.8% vs 60.4%). AT&T Pension Benefit Plan covers 472,000 participants.
| Metric | AT&T Pension Benefit Plan | Michigan Public School Employees Retirement System (MPSERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 79/100 (B)* | 56/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 81.8%* | 60.4% |
| Total Assets | $55.0B | $54.0B |
| Total Liabilities | $67.2B* | $89.4B |
| Unfunded Liability | $12.2B* | $35.4B |
| Participants | 472,000 | 465,000 |
| 1-Year Investment Return | 6.9%* | 5.3% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | high |
| Sponsor | AT&T Inc. | State of Michigan |
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 21.4 percentage points (81.8% vs 60.4%). AT&T Pension Benefit Plan covers 472,000 participants.