California Public Employees Retirement System (CalPERS) vs Central States, Southeast & Southwest Areas Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
California Public Employees Retirement System (CalPERS) has a stronger Pension Health Score of 58/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 45.3 percentage points (67.3% vs 22.0%). California Public Employees Retirement System (CalPERS) covers 2,050,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | Central States, Southeast & Southwest Areas Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C)* | 29/100 (F) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3%* | 22.0% |
| Total Assets | $473.0B | $9.5B |
| Total Liabilities | $703.0B | $43.2B* |
| Unfunded Liability | $230.0B | $33.7B* |
| Participants | 2,050,000 | 380,000 |
| 1-Year Investment Return | 5.8%* | 4.5% |
| Plan Type | public | multiemployer |
| PBGC Risk Level | moderate | critical |
| Sponsor | State of California | Teamsters Central States |
California Public Employees Retirement System (CalPERS) has a stronger Pension Health Score of 58/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 45.3 percentage points (67.3% vs 22.0%). California Public Employees Retirement System (CalPERS) covers 2,050,000 participants.