Is Your Pension Healthy?
Funding analysis for 520 pension plans covering 39,846,450 workers and retirees. Every plan gets a Pension Health Score from A to F.
Most Underfunded Plans
View all →Chicago Firefighters Pension Fund
City of Chicago
Kentucky Employees Retirement System
State of Kentucky
Central States, Southeast & Southwest Areas Pension Fund
Teamsters Central States
Chicago Police Pension Fund
City of Chicago
Chicago Municipal Employees Annuity Fund
City of Chicago
Teamsters Local 710 Pension Fund
Teamsters Local 710
Plumbers Local 528 Pension Trust
Plumbers Local 528
Plumbers Local 641 Pension Trust
Plumbers Local 641
Steelworkers Local 330 Pension Trust
Steelworkers Local 330
Roofers Local 239 Pension Trust
Roofers Local 239
Largest Pension Plans
CalPERS
State of California
Teacher Retirement System of Texas
State of Texas
Florida Retirement System
State of Florida
New York State & Local Retirement System
State of New York
CalSTRS
State of California
North Carolina Retirement Systems
State of North Carolina
Virginia Retirement System
State of Virginia
Ohio Public Employees Retirement System
State of Ohio
Wisconsin Retirement System
State of Wisconsin
Colorado Public Employees Retirement Association
State of Colorado
Browse by State
Texas
33 plans · 75.2% avg funded
California
30 plans · 70.8% avg funded
North Carolina
20 plans · 81.3% avg funded
New York
19 plans · 87.2% avg funded
Illinois
19 plans · 53.0% avg funded
Arizona
18 plans · 67.8% avg funded
Ohio
17 plans · 76.9% avg funded
Florida
14 plans · 82.9% avg funded
District of Columbia
14 plans · 62.5% avg funded
Virginia
13 plans · 76.5% avg funded
Louisiana
13 plans · 67.6% avg funded
Kentucky
12 plans · 45.8% avg funded
Frequently Asked Questions
What is the Pension Health Score?
The Pension Health Score is PensionWatch's proprietary grading system that rates pension plans from A (healthiest) to F (most at-risk) based on three factors: funding ratio (50%), 3-year funding trend (30%), and PBGC risk level (20%). A plan with 100% funding, improving trend, and low PBGC risk scores 100/100 (grade A).
What is a funding ratio?
A funding ratio compares a pension plan's assets to its liabilities. A plan with $80 million in assets and $100 million in liabilities is 80% funded. Plans below 80% are considered underfunded. Plans below 65% are at serious risk of benefit cuts or requiring emergency contributions.
Where does this data come from?
Data comes from DOL Form 5500 filings (corporate and multiemployer plans), the Boston College Center for Retirement Research Public Plans Database (state and local plans), and PBGC reports. Data is updated annually as new filings become available.
What does PBGC coverage mean?
The Pension Benefit Guaranty Corporation (PBGC) insures private-sector defined benefit pension plans. If a PBGC-covered plan is terminated without enough money to pay all benefits, PBGC steps in to pay pension benefits up to a legal maximum. Public plans (state/local government) are not PBGC-covered.