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PensionWatch

Maryland State Retirement & Pension System vs NYC Employees Retirement System (NYCERS)

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

Verdict

NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to Maryland State Retirement & Pension System at 67/100 (B). Funding ratios differ by 4.7 percentage points (76.8% vs 72.1%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.

MetricMaryland State Retirement & Pension SystemNYC Employees Retirement System (NYCERS)
Health Score
Composite of funding ratio, trend, and PBGC risk
67/100 (B)71/100 (B)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
72.1%76.8%*
Total Assets$61.0B$77.2B
Total Liabilities$84.6B*$100.5B
Unfunded Liability$23.6B$23.3B*
Participants398,000370,000
1-Year Investment Return5.8%*5.6%
Plan Typepublicpublic
PBGC Risk Levelmoderatemoderate
SponsorState of MarylandNew York City

NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to Maryland State Retirement & Pension System at 67/100 (B). Funding ratios differ by 4.7 percentage points (76.8% vs 72.1%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.

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