New Jersey Teachers Pension & Annuity Fund (TPAF) vs Johnson & Johnson Pension Plan
Side-by-side pension health comparison from DOL and public plan data
New Jersey Teachers Pension & Annuity Fund (TPAF) and Johnson & Johnson Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: New Jersey Teachers Pension & Annuity Fund (TPAF) grades C while Johnson & Johnson Pension Plan grades A. Funding ratios: 48% vs 124%.
Johnson & Johnson Pension Plan comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
Johnson & Johnson 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 75.9 percentage points (124.0% vs 48.1%). Johnson & Johnson Pension Plan covers 83,076 participants.
| Metric | New Jersey Teachers Pension & Annuity Fund (TPAF) | Johnson & Johnson 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% | 124.0%* |
| Total Assets | $28.5B | $21.1B |
| Total Liabilities | $59.3B | $17.0B* |
| Unfunded Liability | $30.8B | $0* |
| Participants | 268,000 | 83,076 |
| 1-Year Investment Return | 4.9% | 7.5%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | low |
| Sponsor | State of New Jersey | Johnson & Johnson |
Johnson & Johnson 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 75.9 percentage points (124.0% vs 48.1%). Johnson & Johnson Pension Plan covers 83,076 participants.
Explore More
Related Comparisons
- New Jersey Teachers Pension & Annuity Fund (TPAF) vs New Jersey Public Employees Retirement System (PERS)
- New Jersey Teachers Pension & Annuity Fund (TPAF) vs New Jersey Police & Firemen's Retirement System (PFRS)
- New Jersey Teachers Pension & Annuity Fund (TPAF) vs Verizon Management Pension Plan
- New Jersey Teachers Pension & Annuity Fund (TPAF) vs California Public Employees Retirement System (CalPERS)
- Johnson & Johnson Pension Plan vs Verizon Management Pension Plan
- Johnson & Johnson Pension Plan vs New Jersey Public Employees Retirement System (PERS)
- Johnson & Johnson Pension Plan vs New Jersey Police & Firemen's Retirement System (PFRS)
- Johnson & Johnson Pension Plan vs Raytheon Company Pension Plan for Salaried Employees