California Public Employees Retirement System (CalPERS) vs General Motors Hourly-Rate Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 12.8 percentage points (80.1% vs 67.3%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | General Motors Hourly-Rate Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C) | 78/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3% | 80.1%* |
| Total Assets | $473.0B | $66.5B |
| Total Liabilities | $703.0B | $83.0B* |
| Unfunded Liability | $230.0B | $16.5B* |
| Participants | 2,050,000 | 302,000 |
| 1-Year Investment Return | 5.8% | 7.2%* |
| Plan Type | public | corporate |
| PBGC Risk Level | moderate | low |
| Sponsor | State of California | General Motors |
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 12.8 percentage points (80.1% vs 67.3%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.