National Electrical Benefit Fund (NEBF) vs South Carolina Retirement System
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 South Carolina Retirement System at 52/100 (C). Funding ratios differ by 0.0 percentage points (55.1% vs 55.1%). National Electrical Benefit Fund (NEBF) covers 595,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | South Carolina Retirement System |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 52/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 55.1% |
| Total Assets | $14.0B | $35.5B |
| Total Liabilities | $25.4B* | $64.4B |
| Unfunded Liability | $11.4B* | $28.9B |
| Participants | 595,000 | 575,000 |
| 1-Year Investment Return | 5.2% | 5.2% |
| Plan Type | multiemployer | public |
| PBGC Risk Level | high | high |
| Sponsor | IBEW & NECA | State of South Carolina |
National Electrical Benefit Fund (NEBF) has a stronger Pension Health Score of 52/100 (C) compared to South Carolina Retirement System at 52/100 (C). Funding ratios differ by 0.0 percentage points (55.1% vs 55.1%). National Electrical Benefit Fund (NEBF) covers 595,000 participants.