Pension Plans in New York, Ranked by Health Score
New York has 9 pension plans covering 2,416,612 participants. The average funding ratio is 88.4%, ranking #7 among all states. 5 plans are underfunded.
New York has 9 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.
9
Total Plans
2,416,612
Participants
88.4%
Avg Funding
$651.9B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | New York State & Local Retirement System (NYSLRS) | 1,070,000 | 95.3% | A |
| 2 | New York State Teachers Retirement System (NYSTRS) | 433,000 | 97.1% | A |
| 3 | NYC Employees Retirement System (NYCERS) | 370,000 | 76.8% | B |
| 4 | NYC Teachers Retirement System (TRS) | 225,000 | 74.2% | B |
| 5 | IBM Personal Pension Plan | 140,566 | 131.0% | A |
| 6 | NYC Police Pension Fund | 60,000 | 78.3% | B |
| 7 | Pfizer Inc. Retirement Annuity Plan | 56,716 | 108.8% | A |
| 8 | New York State Teamsters Conference Pension & Retirement Fund | 33,330 | 50.3% | C |
| 9 | NYC Fire Department Pension Fund | 28,000 | 76.2% | B |
Frequently Asked Questions
New York has 9 pension plans covering 2,416,612 participants, with combined assets of $651.9B against $737.6B in liabilities.
The average funding ratio across New York pension plans is 88.4%. 5 of 9 plans (56%) are considered underfunded.
New York State & Local Retirement System (NYSLRS) is the top-rated plan in New York with a funding ratio of 95.3% and a Pension Health Grade of A.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.