New York State Teachers Retirement System (NYSTRS) vs New Jersey Teachers Pension & Annuity Fund (TPAF)
Side-by-side pension health comparison from DOL and public plan data
Verdict
New York State Teachers Retirement System (NYSTRS) has a stronger Pension Health Score of 82/100 (A) compared to New Jersey Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 49.0 percentage points (97.1% vs 48.1%). New York State Teachers Retirement System (NYSTRS) covers 433,000 participants.
| Metric | New York State Teachers Retirement System (NYSTRS) | New Jersey Teachers Pension & Annuity Fund (TPAF) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A)* | 51/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 97.1%* | 48.1% |
| Total Assets | $131.0B | $28.5B |
| Total Liabilities | $134.9B | $59.3B* |
| Unfunded Liability | $3.9B* | $30.8B |
| Participants | 433,000 | 268,000 |
| 1-Year Investment Return | 6.8%* | 4.9% |
| Plan Type | public | public |
| PBGC Risk Level | low | high |
| Sponsor | State of New York | State of New Jersey |
New York State Teachers Retirement System (NYSTRS) has a stronger Pension Health Score of 82/100 (A) compared to New Jersey Teachers Pension & Annuity Fund (TPAF) at 51/100 (C). Funding ratios differ by 49.0 percentage points (97.1% vs 48.1%). New York State Teachers Retirement System (NYSTRS) covers 433,000 participants.