New Jersey Public Employees Retirement System (PERS) vs FedEx Corporation Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to New Jersey Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 49.0 percentage points (101.3% vs 52.3%). FedEx Corporation Employees Pension Plan covers 223,371 participants.
| Metric | New Jersey Public Employees Retirement System (PERS) | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 52.3% | 101.3%* |
| Total Assets | $34.0B | $26.6B |
| Total Liabilities | $65.0B | $26.2B* |
| Unfunded Liability | $31.0B | $0* |
| Participants | 425,000 | 223,371 |
| 1-Year Investment Return | 5.1% | 6.3%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | low |
| Sponsor | State of New Jersey | FedEx Corporation |
FedEx Corporation Employees Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to New Jersey Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 49.0 percentage points (101.3% vs 52.3%). FedEx Corporation Employees Pension Plan covers 223,371 participants.