New Jersey Teachers Pension & Annuity Fund (TPAF) vs Verizon Management Pension Plan
Side-by-side pension health comparison from DOL and public plan data
New Jersey Teachers Pension & Annuity Fund (TPAF) and Verizon Management Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: New Jersey Teachers Pension & Annuity Fund (TPAF) grades C while Verizon Management Pension Plan grades A. Funding ratios: 48% vs 96%.
Verizon Management 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
Verizon Management Pension Plan has a stronger Pension Health Score of 98/100 (A) compared to New Jersey Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 47.5 percentage points (95.6% vs 48.1%). Verizon Management Pension Plan covers 112,363 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) | 98/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 48.1% | 95.6%* |
| Total Assets | $28.5B | $10.9B |
| Total Liabilities | $59.3B | $11.4B* |
| Unfunded Liability | $30.8B | $505.7M* |
| Participants | 268,000 | 112,363 |
| 1-Year Investment Return | 4.9% | 7.1%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | low |
| Sponsor | State of New Jersey | Verizon Communications |
Verizon Management Pension Plan has a stronger Pension Health Score of 98/100 (A) compared to New Jersey Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 47.5 percentage points (95.6% vs 48.1%). Verizon Management Pension Plan covers 112,363 participants.
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