Pension Plans in Massachusetts, Ranked by Health Score
Massachusetts has 2 pension plans covering 200,000 participants. The average funding ratio is 57.7%, ranking #48 among all states. 2 plans are underfunded.
Massachusetts has 2 pension plans in our dataset, ranked below by the LakeQuality pension-health composite. The score combines current funding ratio (50%), multi-year funding trend (30%), and PBGC risk classification (20%) into a 0-100 grade.
Top-of-list plans usually combine funded ratios at or above 90% with stable multi-year trajectories and low PBGC risk. Public-sector teacher and employee retirement systems dominate the top rankings in many states because their large asset bases support institutional investment management. Each plan below links to its full profile — multi-year funding history, participant demographics, sponsor financials where available, and the underlying factors driving the composite grade.
2
Total Plans
200,000
Participants
57.7%
Avg Funding
$32.5B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Massachusetts Teachers Retirement System | 102,000 | 55.2% | C |
| 2 | Massachusetts State Employees Retirement System | 98,000 | 64.9% | C |
Frequently Asked Questions
Massachusetts has 2 pension plans covering 200,000 participants, with combined assets of $32.5B against $56.3B in liabilities.
The average funding ratio across Massachusetts pension plans is 57.7%. 2 of 2 plans (100%) are considered underfunded.
Massachusetts Teachers Retirement System is the top-rated plan in Massachusetts with a funding ratio of 55.2% and a Pension Health Grade of C.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.