Central States, Southeast & Southwest Areas Pension Fund vs NYC Employees Retirement System (NYCERS)
Side-by-side pension health comparison from DOL and public plan data
Central States, Southeast & Southwest Areas Pension Fund and NYC Employees Retirement System (NYCERS) are meaningfully apart on the LakeQuality pension-health rubric: Central States, Southeast & Southwest Areas Pension Fund grades A while NYC Employees Retirement System (NYCERS) grades B. Funding ratios: 94% vs 77%.
Central States, Southeast & Southwest Areas Pension Fund comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
Central States, Southeast & Southwest Areas Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to NYC Employees Retirement System (NYCERS) at 71/100 (B). Funding ratios differ by 17.3 percentage points (94.1% vs 76.8%). Central States, Southeast & Southwest Areas Pension Fund covers 634,861 participants.
| Metric | Central States, Southeast & Southwest Areas Pension Fund | NYC Employees Retirement System (NYCERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 97/100 (A)* | 71/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 94.1%* | 76.8% |
| Total Assets | $55.6B | $77.2B |
| Total Liabilities | $59.1B* | $100.5B |
| Unfunded Liability | $3.5B* | $23.3B |
| Participants | 634,861 | 370,000 |
| 1-Year Investment Return | 4.5% | 5.6%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | low | moderate |
| Sponsor | Teamsters Central States | New York City |
Central States, Southeast & Southwest Areas Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to NYC Employees Retirement System (NYCERS) at 71/100 (B). Funding ratios differ by 17.3 percentage points (94.1% vs 76.8%). Central States, Southeast & Southwest Areas Pension Fund covers 634,861 participants.