Tennessee Consolidated Retirement System (TCRS) vs General Motors Hourly-Rate Employees Pension Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
Tennessee Consolidated Retirement System (TCRS) has a stronger Pension Health Score of 83/100 (A) compared to General Motors Hourly-Rate Employees Pension Plan at 78/100 (B). Funding ratios differ by 12.0 percentage points (92.1% vs 80.1%). Tennessee Consolidated Retirement System (TCRS) covers 378,000 participants.
| Metric | Tennessee Consolidated Retirement System (TCRS) | General Motors Hourly-Rate Employees Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 83/100 (A)* | 78/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 92.1%* | 80.1% |
| Total Assets | $57.0B | $66.5B |
| Total Liabilities | $61.9B* | $83.0B |
| Unfunded Liability | $4.9B* | $16.5B |
| Participants | 378,000 | 302,000 |
| 1-Year Investment Return | 6.8% | 7.2%* |
| Plan Type | public | corporate |
| PBGC Risk Level | low | low |
| Sponsor | State of Tennessee | General Motors |
Tennessee Consolidated Retirement System (TCRS) has a stronger Pension Health Score of 83/100 (A) compared to General Motors Hourly-Rate Employees Pension Plan at 78/100 (B). Funding ratios differ by 12.0 percentage points (92.1% vs 80.1%). Tennessee Consolidated Retirement System (TCRS) covers 378,000 participants.