National Electrical Benefit Fund (NEBF) vs Arizona State Retirement System (ASRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 17.2 percentage points (72.3% vs 55.1%). Arizona State Retirement System (ASRS) covers 588,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | Arizona State Retirement System (ASRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 68/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 72.3%* |
| Total Assets | $14.0B | $46.0B |
| Total Liabilities | $25.4B* | $63.6B |
| Unfunded Liability | $11.4B* | $17.6B |
| Participants | 595,000 | 588,000 |
| 1-Year Investment Return | 5.2% | 5.8%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | high | moderate |
| Sponsor | IBEW & NECA | State of Arizona |
Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 17.2 percentage points (72.3% vs 55.1%). Arizona State Retirement System (ASRS) covers 588,000 participants.