Minnesota Public Employees Retirement Association (PERA) 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 97/100 (A) compared to Minnesota Public Employees Retirement Association (PERA) at 71/100 (B). Funding ratios differ by 14.6 percentage points (93.7% vs 79.1%). AT&T Pension Benefit Plan covers 286,355 participants.
| Metric | Minnesota Public Employees Retirement Association (PERA) | AT&T Pension Benefit Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 71/100 (B) | 97/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 79.1% | 93.7%* |
| Total Assets | $35.0B | $30.0B |
| Total Liabilities | $44.2B | $32.0B* |
| Unfunded Liability | $9.2B | $2.0B* |
| Participants | 378,000 | 286,355 |
| 1-Year Investment Return | 5.9% | 6.9%* |
| Plan Type | public | corporate |
| PBGC Risk Level | moderate | low |
| Sponsor | State of Minnesota | AT&T Inc. |
AT&T Pension Benefit Plan has a stronger Pension Health Score of 97/100 (A) compared to Minnesota Public Employees Retirement Association (PERA) at 71/100 (B). Funding ratios differ by 14.6 percentage points (93.7% vs 79.1%). AT&T Pension Benefit Plan covers 286,355 participants.