AT&T Pension Benefit Plan vs NYC Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
AT&T Pension Benefit Plan and NYC Teachers Retirement System (TRS) are meaningfully apart on the LakeQuality pension-health rubric: AT&T Pension Benefit Plan grades A while NYC Teachers Retirement System (TRS) grades B. Funding ratios: 94% vs 74%.
AT&T Pension Benefit Plan comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
AT&T Pension Benefit Plan has a stronger Pension Health Score of 97/100 (A) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 19.5 percentage points (93.7% vs 74.2%). AT&T Pension Benefit Plan covers 286,355 participants.
| Metric | AT&T Pension Benefit Plan | NYC Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 97/100 (A)* | 68/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 93.7%* | 74.2% |
| Total Assets | $30.0B | $92.0B |
| Total Liabilities | $32.0B* | $124.0B |
| Unfunded Liability | $2.0B* | $32.0B |
| Participants | 286,355 | 225,000 |
| 1-Year Investment Return | 6.9%* | 5.4% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | moderate |
| Sponsor | AT&T Inc. | New York City |
AT&T Pension Benefit Plan has a stronger Pension Health Score of 97/100 (A) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 19.5 percentage points (93.7% vs 74.2%). AT&T Pension Benefit Plan covers 286,355 participants.