New Jersey Public Employees Retirement System (PERS) vs Central States, Southeast & Southwest Areas Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
New Jersey Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 30.3 percentage points (52.3% vs 22.0%). New Jersey Public Employees Retirement System (PERS) covers 425,000 participants.
| Metric | New Jersey Public Employees Retirement System (PERS) | Central States, Southeast & Southwest Areas Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C)* | 29/100 (F) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 52.3%* | 22.0% |
| Total Assets | $34.0B | $9.5B |
| Total Liabilities | $65.0B | $43.2B* |
| Unfunded Liability | $31.0B* | $33.7B |
| Participants | 425,000 | 380,000 |
| 1-Year Investment Return | 5.1%* | 4.5% |
| Plan Type | public | multiemployer |
| PBGC Risk Level | high | critical |
| Sponsor | State of New Jersey | Teamsters Central States |
New Jersey Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 30.3 percentage points (52.3% vs 22.0%). New Jersey Public Employees Retirement System (PERS) covers 425,000 participants.