New Jersey Public Employees Retirement System (PERS) vs Mississippi Public Employees Retirement System (PERS)
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 Mississippi Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 7.8 percentage points (52.3% vs 60.1%). New Jersey Public Employees Retirement System (PERS) covers 425,000 participants.
| Metric | New Jersey Public Employees Retirement System (PERS) | Mississippi Public Employees Retirement System (PERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C) | 54/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 52.3% | 60.1%* |
| Total Assets | $34.0B | $29.0B |
| Total Liabilities | $65.0B | $48.3B* |
| Unfunded Liability | $31.0B | $19.3B* |
| Participants | 425,000 | 322,000 |
| 1-Year Investment Return | 5.1% | 5.3%* |
| Plan Type | public | public |
| PBGC Risk Level | high | high |
| Sponsor | State of New Jersey | State of Mississippi |
New Jersey Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Mississippi Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 7.8 percentage points (52.3% vs 60.1%). New Jersey Public Employees Retirement System (PERS) covers 425,000 participants.