Pennsylvania Public School Employees Retirement System (PSERS) vs US Steel Corporation Plan for Employee Pension Benefits
Side-by-side pension health comparison from DOL and public plan data
Pennsylvania Public School Employees Retirement System (PSERS) and US Steel Corporation Plan for Employee Pension Benefits are meaningfully apart on the LakeQuality pension-health rubric: Pennsylvania Public School Employees Retirement System (PSERS) grades C while US Steel Corporation Plan for Employee Pension Benefits grades A. Funding ratios: 58% vs 104%.
US Steel Corporation Plan for Employee Pension Benefits 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
US Steel Corporation Plan for Employee Pension Benefits has a stronger Pension Health Score of 100/100 (A) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 46.3 percentage points (104.1% vs 57.8%). US Steel Corporation Plan for Employee Pension Benefits covers 24,055 participants.
| Metric | Pennsylvania Public School Employees Retirement System (PSERS) | US Steel Corporation Plan for Employee Pension Benefits |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 57.8% | 104.1%* |
| Total Assets | $72.0B | $4.2B |
| Total Liabilities | $124.6B | $4.0B* |
| Unfunded Liability | $52.6B | $0* |
| Participants | 518,000 | 24,055 |
| 1-Year Investment Return | 5.1% | 5.9%* |
| Plan Type | public | corporate |
| PBGC Risk Level | high | low |
| Sponsor | State of Pennsylvania | United States Steel |
US Steel Corporation Plan for Employee Pension Benefits has a stronger Pension Health Score of 100/100 (A) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 46.3 percentage points (104.1% vs 57.8%). US Steel Corporation Plan for Employee Pension Benefits covers 24,055 participants.
Explore More
Related Comparisons
- Pennsylvania Public School Employees Retirement System (PSERS) vs Pennsylvania State Employees Retirement System (SERS)
- Pennsylvania Public School Employees Retirement System (PSERS) vs Philadelphia Municipal Retirement System
- Pennsylvania Public School Employees Retirement System (PSERS) vs Alcoa Corporation Retirement Plan
- Pennsylvania Public School Employees Retirement System (PSERS) vs California Public Employees Retirement System (CalPERS)
- US Steel Corporation Plan for Employee Pension Benefits vs Alcoa Corporation Retirement Plan
- US Steel Corporation Plan for Employee Pension Benefits vs Pennsylvania State Employees Retirement System (SERS)
- US Steel Corporation Plan for Employee Pension Benefits vs Philadelphia Municipal Retirement System