Winston-Salem Municipal Employees Retirement System
public plan · City of Winston-Salem · Greensboro, NC
Funding History
What This Means for You
Winston-Salem Municipal Employees Retirement System is 53% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $2.9B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $3.2B | $6.1B | 52.6% | $218.6M |
| 2024 | $3.2B | $6.2B | 51.2% | $175.4M |
| 2023 | $3.0B | $5.7B | 53.1% | $242.3M |
| 2022 | $2.8B | $5.4B | 52.3% | $206.6M |
| 2021 | $2.7B | $5.3B | 50.6% | $238.1M |
Frequently Asked Questions
Winston-Salem Municipal Employees Retirement System is 53% funded, meaning it has 53 cents in assets for every dollar in future benefit obligations. This is significantly underfunded and participants should monitor the situation closely.
Winston-Salem Municipal Employees Retirement System has 13,009 total participants, including 5,105 active employees and 7,904 retirees currently receiving benefits.
Winston-Salem Municipal Employees Retirement System 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.