National Electrical Benefit Fund (NEBF) vs Employees Retirement System of Texas (ERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Employees Retirement System of Texas (ERS) has a stronger Pension Health Score of 66/100 (B) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 15.0 percentage points (70.1% vs 55.1%). Employees Retirement System of Texas (ERS) covers 327,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | Employees Retirement System of Texas (ERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 66/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 70.1%* |
| Total Assets | $14.0B | $31.5B |
| Total Liabilities | $25.4B* | $44.9B |
| Unfunded Liability | $11.4B* | $13.4B |
| Participants | 595,000 | 327,000 |
| 1-Year Investment Return | 5.2% | 5.5%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | high | moderate |
| Sponsor | IBEW & NECA | State of Texas |
Employees Retirement System of Texas (ERS) has a stronger Pension Health Score of 66/100 (B) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 15.0 percentage points (70.1% vs 55.1%). Employees Retirement System of Texas (ERS) covers 327,000 participants.