Michigan Public School Employees Retirement System (MPSERS) vs NYC Employees Retirement System (NYCERS)
Side-by-side pension health comparison from DOL and public plan data
Michigan Public School Employees Retirement System (MPSERS) (C) and NYC Employees Retirement System (NYCERS) (B) are close on the PensionRisk rubric. Funding ratios sit at 60% and 77% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 16.4 percentage points (76.8% vs 60.4%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.
| Metric | Michigan Public School Employees Retirement System (MPSERS) | NYC Employees Retirement System (NYCERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 56/100 (C) | 71/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 60.4% | 76.8%* |
| Total Assets | $54.0B | $77.2B |
| Total Liabilities | $89.4B* | $100.5B |
| Unfunded Liability | $35.4B | $23.3B* |
| Participants | 465,000 | 370,000 |
| 1-Year Investment Return | 5.3% | 5.6%* |
| Plan Type | public | public |
| PBGC Risk Level | high | moderate |
| Sponsor | State of Michigan | New York City |
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 16.4 percentage points (76.8% vs 60.4%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.
Explore More
Related Comparisons
- Michigan Public School Employees Retirement System (MPSERS) vs Michigan State Employees Retirement System
- Michigan Public School Employees Retirement System (MPSERS) vs Detroit General Retirement System
- Michigan Public School Employees Retirement System (MPSERS) vs Operating Engineers Local 324 Pension Fund
- Michigan Public School Employees Retirement System (MPSERS) vs Ford Motor Company Retirement Plan
- NYC Employees Retirement System (NYCERS) vs New York State & Local Retirement System (NYSLRS)
- NYC Employees Retirement System (NYCERS) vs New York State Teachers Retirement System (NYSTRS)
- NYC Employees Retirement System (NYCERS) vs NYC Teachers Retirement System (TRS)
- NYC Employees Retirement System (NYCERS) vs NYC Police Pension Fund