New Jersey Teachers Pension & Annuity Fund (TPAF) 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 Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 53.2 percentage points (101.3% vs 48.1%). FedEx Corporation Employees Pension Plan covers 223,371 participants.
| Metric | New Jersey Teachers Pension & Annuity Fund (TPAF) | FedEx Corporation Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 51/100 (C) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 48.1% | 101.3%* |
| Total Assets | $28.5B | $26.6B |
| Total Liabilities | $59.3B | $26.2B* |
| Unfunded Liability | $30.8B | $0* |
| Participants | 268,000 | 223,371 |
| 1-Year Investment Return | 4.9% | 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 Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 53.2 percentage points (101.3% vs 48.1%). FedEx Corporation Employees Pension Plan covers 223,371 participants.