Employees Retirement System of Texas (ERS) vs General Electric Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
General Electric Pension Plan has a stronger Pension Health Score of 72/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 6.1 percentage points (76.2% vs 70.1%). General Electric Pension Plan covers 318,000 participants.
| Metric | Employees Retirement System of Texas (ERS) | General Electric Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 66/100 (B) | 72/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 70.1% | 76.2%* |
| Total Assets | $31.5B | $38.5B |
| Total Liabilities | $44.9B* | $50.5B |
| Unfunded Liability | $13.4B | $12.0B* |
| Participants | 327,000 | 318,000 |
| 1-Year Investment Return | 5.5% | 6.8%* |
| Plan Type | public | corporate |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Texas | GE Aerospace (formerly General Electric) |
General Electric Pension Plan has a stronger Pension Health Score of 72/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 6.1 percentage points (76.2% vs 70.1%). General Electric Pension Plan covers 318,000 participants.