Jersey City Municipal Employees Retirement System
public plan · City of Jersey City · Trenton, NJ
ACTIVE
B
Pension Health Score
75/100
Funding Status85% Funded
0%80% threshold100%
$4.2B
Total Assets
$4.9B
Total Liabilities
$711.4M
Unfunded Liability
5,293
Participants
Funding History
What This Means for You
Jersey City Municipal Employees Retirement System is in good financial health at 85% funded. This means for every dollar the plan owes in future benefits, it has 85 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.2B | $4.9B | 85.4% | $265.8M |
| 2024 | $4.1B | $4.6B | 89.4% | $259.4M |
| 2023 | $3.8B | $4.4B | 86.7% | $211.6M |
| 2022 | $3.8B | $4.6B | 82.1% | $233.7M |
| 2021 | $3.6B | $4.2B | 87.3% | $211.5M |