New York State & Local Retirement System (NYSLRS) vs General Electric Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to General Electric Pension Plan at 72/100 (B). Funding ratios differ by 19.1 percentage points (95.3% vs 76.2%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.
| Metric | New York State & Local Retirement System (NYSLRS) | General Electric Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A)* | 72/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 95.3%* | 76.2% |
| Total Assets | $248.0B | $38.5B |
| Total Liabilities | $260.2B | $50.5B* |
| Unfunded Liability | $12.2B | $12.0B* |
| Participants | 1,070,000 | 318,000 |
| 1-Year Investment Return | 7.1%* | 6.8% |
| Plan Type | public | corporate |
| PBGC Risk Level | low | moderate |
| Sponsor | State of New York | GE Aerospace (formerly General Electric) |
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to General Electric Pension Plan at 72/100 (B). Funding ratios differ by 19.1 percentage points (95.3% vs 76.2%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.