Florida Retirement System (FRS) vs AT&T Pension Benefit Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to Florida Retirement System (FRS) at 76/100 (B). Funding ratios differ by 0.4 percentage points (81.8% vs 82.2%). AT&T Pension Benefit Plan covers 472,000 participants.
| Metric | Florida Retirement System (FRS) | AT&T Pension Benefit Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 76/100 (B) | 79/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 82.2%* | 81.8% |
| Total Assets | $190.0B | $55.0B |
| Total Liabilities | $231.1B | $67.2B* |
| Unfunded Liability | $41.1B | $12.2B* |
| Participants | 1,065,000 | 472,000 |
| 1-Year Investment Return | 6.5% | 6.9%* |
| Plan Type | public | corporate |
| PBGC Risk Level | low | low |
| Sponsor | State of Florida | AT&T Inc. |
AT&T Pension Benefit Plan has a stronger Pension Health Score of 79/100 (B) compared to Florida Retirement System (FRS) at 76/100 (B). Funding ratios differ by 0.4 percentage points (81.8% vs 82.2%). AT&T Pension Benefit Plan covers 472,000 participants.