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PensionRisk

IBM Personal Pension Plan vs NYC Police Pension Fund

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

IBM Personal Pension Plan and NYC Police Pension Fund are meaningfully apart on the LakeQuality pension-health rubric: IBM Personal Pension Plan grades A while NYC Police Pension Fund grades B. Funding ratios: 131% vs 78%.

IBM Personal 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

IBM Personal Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to NYC Police Pension Fund at 71/100 (B). Funding ratios differ by 52.7 percentage points (131.0% vs 78.3%). IBM Personal Pension Plan covers 140,566 participants.

MetricIBM Personal Pension PlanNYC Police Pension Fund
Health Score
Composite of funding ratio, trend, and PBGC risk
100/100 (A)*71/100 (B)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
131.0%*78.3%
Total Assets$24.4B$49.0B
Total Liabilities$18.7B*$62.6B
Unfunded Liability$0*$13.6B
Participants140,56660,000
1-Year Investment Return7.6%*5.8%
Plan Typecorporatepublic
PBGC Risk Levellowmoderate
SponsorIBM CorporationNew York City

IBM Personal Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to NYC Police Pension Fund at 71/100 (B). Funding ratios differ by 52.7 percentage points (131.0% vs 78.3%). IBM Personal Pension Plan covers 140,566 participants.

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