Central States, Southeast & Southwest Areas Pension Fund vs New Jersey Teachers Pension & Annuity Fund (TPAF)
Side-by-side pension health comparison from DOL and public plan data
Verdict
New Jersey Teachers Pension & Annuity Fund (TPAF) has a stronger Pension Health Score of 51/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 26.1 percentage points (48.1% vs 22.0%). New Jersey Teachers Pension & Annuity Fund (TPAF) covers 268,000 participants.
| Metric | Central States, Southeast & Southwest Areas Pension Fund | New Jersey Teachers Pension & Annuity Fund (TPAF) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 29/100 (F) | 51/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 22.0% | 48.1%* |
| Total Assets | $9.5B | $28.5B |
| Total Liabilities | $43.2B* | $59.3B |
| Unfunded Liability | $33.7B | $30.8B* |
| Participants | 380,000 | 268,000 |
| 1-Year Investment Return | 4.5% | 4.9%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | critical | high |
| Sponsor | Teamsters Central States | State of New Jersey |
New Jersey Teachers Pension & Annuity Fund (TPAF) has a stronger Pension Health Score of 51/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 26.1 percentage points (48.1% vs 22.0%). New Jersey Teachers Pension & Annuity Fund (TPAF) covers 268,000 participants.