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PensionWatch

Pennsylvania Public School Employees Retirement System (PSERS) vs Mississippi Public Employees Retirement System (PERS)

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

Verdict

Pennsylvania Public School Employees Retirement System (PSERS) has a stronger Pension Health Score of 54/100 (C) compared to Mississippi Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 2.3 percentage points (57.8% vs 60.1%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.

MetricPennsylvania Public School Employees Retirement System (PSERS)Mississippi Public Employees Retirement System (PERS)
Health Score
Composite of funding ratio, trend, and PBGC risk
54/100 (C)54/100 (C)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
57.8%60.1%*
Total Assets$72.0B$29.0B
Total Liabilities$124.6B$48.3B*
Unfunded Liability$52.6B$19.3B*
Participants518,000322,000
1-Year Investment Return5.1%5.3%*
Plan Typepublicpublic
PBGC Risk Levelhighhigh
SponsorState of PennsylvaniaState of Mississippi

Pennsylvania Public School Employees Retirement System (PSERS) has a stronger Pension Health Score of 54/100 (C) compared to Mississippi Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 2.3 percentage points (57.8% vs 60.1%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.

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