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PensionRisk

General Electric Pension Plan vs Connecticut State Employees Retirement System (SERS)

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

General Electric Pension Plan and Connecticut State Employees Retirement System (SERS) are meaningfully apart on the LakeQuality pension-health rubric: General Electric Pension Plan grades A while Connecticut State Employees Retirement System (SERS) grades D. Funding ratios: 91% vs 38%.

General Electric Pension Plan 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

General Electric Pension Plan has a stronger Pension Health Score of 95/100 (A) compared to Connecticut State Employees Retirement System (SERS) at 39/100 (D). Funding ratios differ by 52.8 percentage points (91.0% vs 38.2%). General Electric Pension Plan covers 121,730 participants.

MetricGeneral Electric Pension PlanConnecticut State Employees Retirement System (SERS)
Health Score
Composite of funding ratio, trend, and PBGC risk
95/100 (A)*39/100 (D)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
91.0%*38.2%
Total Assets$20.2B$14.2B
Total Liabilities$22.2B*$37.2B
Unfunded Liability$2.0B*$23.0B
Participants121,730112,000
1-Year Investment Return6.8%*4.7%
Plan Typecorporatepublic
PBGC Risk Levellowcritical
SponsorGE Aerospace (formerly General Electric)State of Connecticut

General Electric Pension Plan has a stronger Pension Health Score of 95/100 (A) compared to Connecticut State Employees Retirement System (SERS) at 39/100 (D). Funding ratios differ by 52.8 percentage points (91.0% vs 38.2%). General Electric Pension Plan covers 121,730 participants.

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