Middlesex County Employees Retirement Fund
public plan · Middlesex County · Worcester, MA
Funding History
What This Means for You
Middlesex County Employees Retirement Fund is in excellent financial health at 95% funded. This means for every dollar the plan owes in future benefits, it has 95 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $2.3B | $2.4B | 94.6% | $92.4M |
| 2024 | $2.2B | $2.3B | 95.2% | $89.5M |
| 2023 | $2.1B | $2.4B | 87.7% | $66.3M |
| 2022 | $2.1B | $2.2B | 93.3% | $78.2M |
| 2021 | $2.0B | $2.4B | 83.7% | $87.6M |
Frequently Asked Questions
Middlesex County Employees Retirement Fund is 95% funded, meaning it has 95 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Middlesex County Employees Retirement Fund has 18,806 total participants, including 11,379 active employees and 7,427 retirees currently receiving benefits.
Middlesex County Employees Retirement Fund is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.