A
Grade A Pension Plans — Healthiest
29 plans rated Grade A. These plans are in excellent shape with funding ratios above 90% and improving trends.
| # | Plan Name | Type | State | Participants | Funding Ratio | Unfunded Gap | Score |
|---|---|---|---|---|---|---|---|
| 1 | New York State & Local Retirement System (NYSLRS) State of New York | public | NY | 1,070,000 | 95.3% | $12.2B | 82 |
| 2 | North Carolina Retirement Systems State of North Carolina | public | NC | 960,000 | 87.1% | $16.6B | 82 |
| 3 | Ohio Public Employees Retirement System (OPERS) State of Ohio | public | OH | 762,000 | 82.5% | $22.3B | 80 |
| 4 | Wisconsin Retirement System (WRS) State of Wisconsin | public | WI | 665,000 | 98.4% | $2.0B | 86 |
| 5 | Washington State Department of Retirement Systems State of Washington | public | WA | 528,000 | 87.8% | $15.0B | 82 |
| 6 | State Teachers Retirement System of Ohio (STRS Ohio) State of Ohio | public | OH | 507,000 | 80.2% | $22.2B | 80 |
| 7 | Illinois Municipal Retirement Fund (IMRF) State of Illinois | public | IL | 438,000 | 81.2% | $11.9B | 80 |
| 8 | New York State Teachers Retirement System (NYSTRS) State of New York | public | NY | 433,000 | 97.1% | $3.9B | 82 |
| 9 | Texas County & District Retirement System (TCDRS) Texas Counties | public | TX | 385,000 | 86.2% | $6.3B | 81 |
| 10 | IBM Personal Pension Plan IBM Corporation | corporate | NY | 382,000 | 90.1% | $6.2B | 83 |
| 11 | Tennessee Consolidated Retirement System (TCRS) State of Tennessee | public | TN | 378,000 | 92.1% | $4.9B | 83 |
| 12 | Iowa Public Employees Retirement System (IPERS) State of Iowa | public | IA | 372,000 | 84.8% | $6.4B | 80 |
| 13 | Missouri Public School Retirement System (PSRS) State of Missouri | public | MO | 220,000 | 83.8% | $9.1B | 80 |
| 14 | Texas Municipal Retirement System (TMRS) Texas Cities | public | TX | 218,000 | 87.8% | $5.1B | 82 |
| 15 | Utah Retirement Systems (URS) State of Utah | public | UT | 218,000 | 90.3% | $4.3B | 84 |
| 16 | Ford Motor Company Retirement Plan Ford Motor Company | corporate | MI | 195,000 | 84.1% | $8.7B | 80 |
| 17 | Idaho Public Employee Retirement System (PERSI) State of Idaho | public | ID | 142,000 | 88.2% | $2.8B | 82 |
| 18 | Honeywell International Pension Plan Honeywell International | corporate | NC | 122,000 | 85.8% | $4.3B | 81 |
| 19 | Nebraska Public Employees Retirement Systems State of Nebraska | public | NE | 110,000 | 87.9% | $2.1B | 82 |
| 20 | Procter & Gamble Retirement Plan Procter & Gamble | corporate | OH | 108,000 | 86.2% | $2.2B | 81 |
| 21 | ExxonMobil Pension Plan ExxonMobil | corporate | TX | 88,000 | 88.2% | $3.1B | 82 |
| 22 | Johnson & Johnson Pension Plan Johnson & Johnson | corporate | NJ | 88,000 | 89.8% | $1.8B | 83 |
| 23 | South Dakota Retirement System (SDRS) State of South Dakota | public | SD | 78,000 | 96.8% | $500.0M | 85 |
| 24 | General Dynamics Corporation Pension Plan General Dynamics | corporate | VA | 78,000 | 85.1% | $2.5B | 81 |
| 25 | Pfizer Inc. Retirement Annuity Plan Pfizer Inc. | corporate | NY | 78,000 | 83.8% | $2.3B | 80 |
| 26 | San Francisco Employees Retirement System City and County of San Francisco | public | CA | 68,000 | 87.3% | $4.9B | 82 |
| 27 | Los Angeles Fire & Police Pensions (LAFPP) City of Los Angeles | public | CA | 27,500 | 89.5% | $3.7B | 84 |
| 28 | Delta Air Lines Pilot Pension Plan Delta Air Lines | corporate | GA | 22,000 | 85.1% | $1.3B | 81 |
| 29 | Houston Firefighters Relief & Retirement Fund City of Houston | public | TX | 7,200 | 82.3% | $1.0B | 83 |
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Frequently Asked Questions
What does a Grade A pension plan mean?
A Grade A pension plan is well-funded with strong trends and low risk. The grade is based on funding ratio (50%), 3-year funding trend (30%), and PBGC risk level (20%).
How many pension plans are rated Grade A?
There are 29 pension plans currently rated Grade A in our database.
Should I be worried about a Grade A pension?
These plans are in excellent shape with funding ratios above 90% and improving trends.