Pension Plans in New Jersey — Ranked by Health Score
New Jersey has 5 pension plans covering 1,094,000 participants. The average funding ratio is 59.5%, ranking #44 among all states. 4 plans are underfunded.
5
Total Plans
1,094,000
Participants
59.5%
Avg Funding
$134.7B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | New Jersey Public Employees Retirement System (PERS) | 425,000 | 52.3% | C |
| 2 | New Jersey Teachers Pension & Annuity Fund (TPAF) | 268,000 | 48.1% | C |
| 3 | Verizon Management Pension Plan | 225,000 | 79.8% | B |
| 4 | New Jersey Police & Firemen's Retirement System (PFRS) | 88,000 | 58.1% | C |
| 5 | Johnson & Johnson Pension Plan | 88,000 | 89.8% | A |
Frequently Asked Questions
New Jersey has 5 pension plans covering 1,094,000 participants, with combined assets of $134.7B against $226.5B in liabilities.
The average funding ratio across New Jersey pension plans is 59.5%. 4 of 5 plans (80%) are considered underfunded.
New Jersey Public Employees Retirement System (PERS) is the top-rated plan in New Jersey with a funding ratio of 52.3% 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.