Arizona State Retirement System (ASRS) vs Georgia Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Arizona State Retirement System (ASRS) (B) and Georgia Teachers Retirement System (TRS) (B) are close on the PensionRisk rubric. Funding ratios sit at 72% and 77% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Georgia Teachers Retirement System (TRS) has a stronger Pension Health Score of 70/100 (B) compared to Arizona State Retirement System (ASRS) at 68/100 (B). Funding ratios differ by 5.1 percentage points (77.4% vs 72.3%). Georgia Teachers Retirement System (TRS) covers 405,000 participants.
| Metric | Arizona State Retirement System (ASRS) | Georgia Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 68/100 (B) | 70/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.3% | 77.4%* |
| Total Assets | $46.0B | $74.0B |
| Total Liabilities | $63.6B* | $95.6B |
| Unfunded Liability | $17.6B* | $21.6B |
| Participants | 588,000 | 405,000 |
| 1-Year Investment Return | 5.8% | 6.0%* |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Arizona | State of Georgia |
Georgia Teachers Retirement System (TRS) has a stronger Pension Health Score of 70/100 (B) compared to Arizona State Retirement System (ASRS) at 68/100 (B). Funding ratios differ by 5.1 percentage points (77.4% vs 72.3%). Georgia Teachers Retirement System (TRS) covers 405,000 participants.
Explore More
Related Comparisons
- Arizona State Retirement System (ASRS) vs Phoenix Employees Retirement System
- Arizona State Retirement System (ASRS) vs California Public Employees Retirement System (CalPERS)
- Arizona State Retirement System (ASRS) vs Teacher Retirement System of Texas (TRS)
- Arizona State Retirement System (ASRS) vs New York State & Local Retirement System (NYSLRS)
- Georgia Teachers Retirement System (TRS) vs Georgia Employees Retirement System (ERS)
- Georgia Teachers Retirement System (TRS) vs UPS Retirement Plan
- Georgia Teachers Retirement System (TRS) vs Delta Air Lines Pilot Pension Plan
- Georgia Teachers Retirement System (TRS) vs California Public Employees Retirement System (CalPERS)