California Public Employees Retirement System (CalPERS) vs AT&T Pension Benefit Plan
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 California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 14.5 percentage points (81.8% vs 67.3%). AT&T Pension Benefit Plan covers 472,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | AT&T Pension Benefit Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C) | 79/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3% | 81.8%* |
| Total Assets | $473.0B | $55.0B |
| Total Liabilities | $703.0B | $67.2B* |
| Unfunded Liability | $230.0B | $12.2B* |
| Participants | 2,050,000 | 472,000 |
| 1-Year Investment Return | 5.8% | 6.9%* |
| Plan Type | public | corporate |
| PBGC Risk Level | moderate | low |
| Sponsor | State of California | AT&T Inc. |
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 14.5 percentage points (81.8% vs 67.3%). AT&T Pension Benefit Plan covers 472,000 participants.