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PensionRisk

Detroit General Retirement System vs General Motors Salaried Pension Plan

Side-by-side pension health comparison from DOL and public plan data

Detroit General Retirement System and General Motors Salaried Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: Detroit General Retirement System grades B while General Motors Salaried Pension Plan grades C. Funding ratios: 72% vs 71%.

Detroit General Retirement System 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

Detroit General Retirement System has a stronger Pension Health Score of 71/100 (B) compared to General Motors Salaried Pension Plan at 51/100 (C). Funding ratios differ by 0.3 percentage points (71.8% vs 71.5%). Detroit General Retirement System covers 20,000 participants.

MetricDetroit General Retirement SystemGeneral Motors Salaried Pension Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
71/100 (B)*51/100 (C)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
71.8%*71.5%
Total Assets$2.0B$468.2M
Total Liabilities$2.8B$655.1M*
Unfunded Liability$780.0M$187.0M*
Participants20,0003,061
1-Year Investment Return4.9%7.4%*
Plan Typepubliccorporate
PBGC Risk Levelmoderatemoderate
SponsorCity of DetroitGeneral Motors

Detroit General Retirement System has a stronger Pension Health Score of 71/100 (B) compared to General Motors Salaried Pension Plan at 51/100 (C). Funding ratios differ by 0.3 percentage points (71.8% vs 71.5%). Detroit General Retirement System covers 20,000 participants.

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