New Jersey Public Employees Retirement System (PERS) vs Boeing Company Employee Retirement Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
Boeing Company Employee Retirement Plan has a stronger Pension Health Score of 70/100 (B) compared to New Jersey Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 25.8 percentage points (78.1% vs 52.3%). Boeing Company Employee Retirement Plan covers 228,000 participants.
| Metric | New Jersey Public Employees Retirement System (PERS) | Boeing Company Employee Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C) | 70/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 52.3% | 78.1%* |
| Total Assets | $34.0B | $56.0B |
| Total Liabilities | $65.0B* | $71.7B |
| Unfunded Liability | $31.0B | $15.7B* |
| Participants | 425,000 | 228,000 |
| 1-Year Investment Return | 5.1% | 6.7%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | moderate |
| Sponsor | State of New Jersey | Boeing Company |
Boeing Company Employee Retirement Plan has a stronger Pension Health Score of 70/100 (B) compared to New Jersey Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 25.8 percentage points (78.1% vs 52.3%). Boeing Company Employee Retirement Plan covers 228,000 participants.