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PensionWatch

New Jersey Public Employees Retirement System

public plan · State of New Jersey · Trenton, NJ

ACTIVE
C
Pension Health Score
55/100
Funding Status54% Funded
0%80% threshold100%
$37.3B
Total Assets
$69.4B
Total Liabilities
$32.0B
Unfunded Liability
444,839
Participants

Funding History

What This Means for You

New Jersey Public Employees Retirement System is 54% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $32.0B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$37.3B$69.4B53.8%$1.5B
2024$37.1B$74.8B49.6%$1.9B
2023$34.2B$71.9B47.6%$1.9B
2022$32.8B$56.6B58.0%$1.8B
2021$31.7B$64.1B49.4%$1.8B