Pension Plans in Pennsylvania — Ranked by Health Score
Pennsylvania has 5 pension plans covering 937,000 participants. The average funding ratio is 58.9%, ranking #45 among all states. 5 plans are underfunded.
5
Total Plans
937,000
Participants
58.9%
Avg Funding
$124.0B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Pennsylvania Public School Employees Retirement System (PSERS) | 518,000 | 57.8% | C |
| 2 | Pennsylvania State Employees Retirement System (SERS) | 245,000 | 63.1% | C |
| 3 | US Steel Corporation Plan for Employee Pension Benefits | 66,000 | 55.1% | C |
| 4 | Philadelphia Municipal Retirement System | 63,000 | 48.2% | C |
| 5 | Alcoa Corporation Retirement Plan | 45,000 | 68.2% | B |
Frequently Asked Questions
Pennsylvania has 5 pension plans covering 937,000 participants, with combined assets of $124.0B against $210.4B in liabilities.
The average funding ratio across Pennsylvania pension plans is 58.9%. 5 of 5 plans (100%) are considered underfunded.
Pennsylvania Public School Employees Retirement System (PSERS) is the top-rated plan in Pennsylvania with a funding ratio of 57.8% 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.