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PensionRisk

NYC Employees Retirement System (NYCERS) vs IBM Personal Pension Plan

Side-by-side pension health comparison from DOL and public plan data

NYC Employees Retirement System (NYCERS) and IBM Personal Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: NYC Employees Retirement System (NYCERS) grades B while IBM Personal Pension Plan grades A. Funding ratios: 77% vs 131%.

IBM Personal 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

IBM Personal Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to NYC Employees Retirement System (NYCERS) at 71/100 (B). Funding ratios differ by 54.2 percentage points (131.0% vs 76.8%). IBM Personal Pension Plan covers 140,566 participants.

MetricNYC Employees Retirement System (NYCERS)IBM Personal Pension Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
71/100 (B)100/100 (A)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
76.8%131.0%*
Total Assets$77.2B$24.4B
Total Liabilities$100.5B$18.7B*
Unfunded Liability$23.3B$0*
Participants370,000140,566
1-Year Investment Return5.6%7.6%*
Plan Typepubliccorporate
PBGC Risk Levelmoderatelow
SponsorNew York CityIBM Corporation

IBM Personal Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to NYC Employees Retirement System (NYCERS) at 71/100 (B). Funding ratios differ by 54.2 percentage points (131.0% vs 76.8%). IBM Personal Pension Plan covers 140,566 participants.

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