Pennsylvania Public School Employees Retirement System (PSERS) vs NYC Employees Retirement System (NYCERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 19.0 percentage points (76.8% vs 57.8%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.
| Metric | Pennsylvania Public School Employees Retirement System (PSERS) | NYC Employees Retirement System (NYCERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C) | 71/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 57.8% | 76.8%* |
| Total Assets | $72.0B | $77.2B |
| Total Liabilities | $124.6B | $100.5B* |
| Unfunded Liability | $52.6B | $23.3B* |
| Participants | 518,000 | 370,000 |
| 1-Year Investment Return | 5.1% | 5.6%* |
| Plan Type | public | public |
| PBGC Risk Level | high | moderate |
| Sponsor | State of Pennsylvania | New York City |
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 19.0 percentage points (76.8% vs 57.8%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.