National Electrical Benefit Fund (NEBF) vs Texas County & District Retirement System (TCDRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Texas County & District Retirement System (TCDRS) has a stronger Pension Health Score of 81/100 (A) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 31.1 percentage points (86.2% vs 55.1%). Texas County & District Retirement System (TCDRS) covers 385,000 participants.
| Metric | National Electrical Benefit Fund (NEBF) | Texas County & District Retirement System (TCDRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 81/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 86.2%* |
| Total Assets | $14.0B | $39.5B |
| Total Liabilities | $25.4B* | $45.8B |
| Unfunded Liability | $11.4B | $6.3B* |
| Participants | 595,000 | 385,000 |
| 1-Year Investment Return | 5.2% | 6.6%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | high | low |
| Sponsor | IBEW & NECA | Texas Counties |
Texas County & District Retirement System (TCDRS) has a stronger Pension Health Score of 81/100 (A) compared to National Electrical Benefit Fund (NEBF) at 52/100 (C). Funding ratios differ by 31.1 percentage points (86.2% vs 55.1%). Texas County & District Retirement System (TCDRS) covers 385,000 participants.