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PensionWatch

National Electrical Benefit Fund (NEBF) vs Central States, Southeast & Southwest Areas Pension Fund

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

Verdict

National Electrical Benefit Fund (NEBF) has a stronger Pension Health Score of 52/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 33.1 percentage points (55.1% vs 22.0%). National Electrical Benefit Fund (NEBF) covers 595,000 participants.

MetricNational Electrical Benefit Fund (NEBF)Central States, Southeast & Southwest Areas Pension Fund
Health Score
Composite of funding ratio, trend, and PBGC risk
52/100 (C)*29/100 (F)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
55.1%*22.0%
Total Assets$14.0B$9.5B
Total Liabilities$25.4B*$43.2B
Unfunded Liability$11.4B*$33.7B
Participants595,000380,000
1-Year Investment Return5.2%*4.5%
Plan Typemultiemployermultiemployer
PBGC Risk Levelhighcritical
SponsorIBEW & NECATeamsters Central States

National Electrical Benefit Fund (NEBF) has a stronger Pension Health Score of 52/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 33.1 percentage points (55.1% vs 22.0%). National Electrical Benefit Fund (NEBF) covers 595,000 participants.

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