California Public Employees Retirement System (CalPERS) vs IBM Personal Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
IBM Personal Pension Plan has a stronger Pension Health Score of 83/100 (A) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 22.8 percentage points (90.1% vs 67.3%). IBM Personal Pension Plan covers 382,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | IBM Personal Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C) | 83/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3% | 90.1%* |
| Total Assets | $473.0B | $56.0B |
| Total Liabilities | $703.0B | $62.2B* |
| Unfunded Liability | $230.0B | $6.2B* |
| Participants | 2,050,000 | 382,000 |
| 1-Year Investment Return | 5.8% | 7.6%* |
| Plan Type | public | corporate |
| PBGC Risk Level | moderate | low |
| Sponsor | State of California | IBM Corporation |
IBM Personal Pension Plan has a stronger Pension Health Score of 83/100 (A) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 22.8 percentage points (90.1% vs 67.3%). IBM Personal Pension Plan covers 382,000 participants.