Pension Plans in Minnesota — Ranked by Health Score
Minnesota has 4 pension plans covering 773,000 participants. The average funding ratio is 79.1%, ranking #17 among all states. 4 plans are underfunded.
4
Total Plans
773,000
Participants
79.1%
Avg Funding
$91.0B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Minnesota Public Employees Retirement Association (PERA) | 378,000 | 79.1% | B |
| 2 | Minnesota Teachers Retirement Association (TRA) | 195,000 | 79.8% | B |
| 3 | Minnesota State Retirement System (MSRS) | 112,000 | 77.3% | B |
| 4 | 3M Company Pension Plan | 88,000 | 79.8% | B |
Frequently Asked Questions
Minnesota has 4 pension plans covering 773,000 participants, with combined assets of $91.0B against $115.0B in liabilities.
The average funding ratio across Minnesota pension plans is 79.1%. 4 of 4 plans (100%) are considered underfunded.
Minnesota Public Employees Retirement Association (PERA) is the top-rated plan in Minnesota with a funding ratio of 79.1% and a Pension Health Grade of B.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.