New Jersey Teachers Pension & Annuity Fund (TPAF) vs Verizon Management Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
Verizon Management Pension Plan has a stronger Pension Health Score of 72/100 (B) compared to New Jersey Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 31.7 percentage points (79.8% vs 48.1%). Verizon Management Pension Plan covers 225,000 participants.
| Metric | New Jersey Teachers Pension & Annuity Fund (TPAF) | Verizon Management Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 51/100 (C) | 72/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 48.1% | 79.8%* |
| Total Assets | $28.5B | $26.0B |
| Total Liabilities | $59.3B | $32.6B* |
| Unfunded Liability | $30.8B | $6.6B* |
| Participants | 268,000 | 225,000 |
| 1-Year Investment Return | 4.9% | 7.1%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | moderate |
| Sponsor | State of New Jersey | Verizon Communications |
Verizon Management Pension Plan has a stronger Pension Health Score of 72/100 (B) compared to New Jersey Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 31.7 percentage points (79.8% vs 48.1%). Verizon Management Pension Plan covers 225,000 participants.