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PensionRisk

NYC Teachers Retirement System (TRS) vs IBM Personal Pension Plan

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

NYC Teachers Retirement System (TRS) and IBM Personal Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: NYC Teachers Retirement System (TRS) grades B while IBM Personal Pension Plan grades A. Funding ratios: 74% 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 Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 56.8 percentage points (131.0% vs 74.2%). IBM Personal Pension Plan covers 140,566 participants.

MetricNYC Teachers Retirement System (TRS)IBM Personal Pension Plan
Health Score
Composite of funding ratio, trend, and PBGC risk
68/100 (B)100/100 (A)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
74.2%131.0%*
Total Assets$92.0B$24.4B
Total Liabilities$124.0B$18.7B*
Unfunded Liability$32.0B$0*
Participants225,000140,566
1-Year Investment Return5.4%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 Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 56.8 percentage points (131.0% vs 74.2%). IBM Personal Pension Plan covers 140,566 participants.

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