Pennsylvania Public School Employees Retirement System (PSERS) vs Plumbers & Pipefitters National Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Plumbers & Pipefitters National Pension Fund has a stronger Pension Health Score of 56/100 (C) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 6.3 percentage points (64.1% vs 57.8%). Plumbers & Pipefitters National Pension Fund covers 430,000 participants.
| Metric | Pennsylvania Public School Employees Retirement System (PSERS) | Plumbers & Pipefitters National Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C) | 56/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 57.8% | 64.1%* |
| Total Assets | $72.0B | $21.0B |
| Total Liabilities | $124.6B | $32.8B* |
| Unfunded Liability | $52.6B | $11.8B* |
| Participants | 518,000 | 430,000 |
| 1-Year Investment Return | 5.1% | 5.5%* |
| Plan Type | public | multiemployer |
| PBGC Risk Level | high | high |
| Sponsor | State of Pennsylvania | United Association (UA) |
Plumbers & Pipefitters National Pension Fund has a stronger Pension Health Score of 56/100 (C) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 6.3 percentage points (64.1% vs 57.8%). Plumbers & Pipefitters National Pension Fund covers 430,000 participants.