Pennsylvania Public School Employees Retirement System (PSERS) vs New Jersey 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 New Jersey Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 5.5 percentage points (57.8% vs 52.3%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.
| Metric | Pennsylvania Public School Employees Retirement System (PSERS) | New Jersey 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%* | 52.3% |
| Total Assets | $72.0B | $34.0B |
| Total Liabilities | $124.6B | $65.0B* |
| Unfunded Liability | $52.6B | $31.0B* |
| Participants | 518,000 | 425,000 |
| 1-Year Investment Return | 5.1% | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | high | high |
| Sponsor | State of Pennsylvania | State of New Jersey |
Pennsylvania Public School Employees Retirement System (PSERS) has a stronger Pension Health Score of 54/100 (C) compared to New Jersey Public Employees Retirement System (PERS) at 54/100 (C). Funding ratios differ by 5.5 percentage points (57.8% vs 52.3%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.