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PensionWatch

Arizona State Retirement System (ASRS) vs Illinois Teachers Retirement System (TRS)

Side-by-side pension health comparison from DOL and public plan data

Verdict

Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 27.6 percentage points (72.3% vs 44.7%). Arizona State Retirement System (ASRS) covers 588,000 participants.

MetricArizona State Retirement System (ASRS)Illinois Teachers Retirement System (TRS)
Health Score
Composite of funding ratio, trend, and PBGC risk
68/100 (B)*44/100 (D)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
72.3%*44.7%
Total Assets$46.0B$62.8B
Total Liabilities$63.6B*$140.5B
Unfunded Liability$17.6B*$77.7B
Participants588,000424,000
1-Year Investment Return5.8%*4.8%
Plan Typepublicpublic
PBGC Risk Levelmoderatecritical
SponsorState of ArizonaState of Illinois

Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 27.6 percentage points (72.3% vs 44.7%). Arizona State Retirement System (ASRS) covers 588,000 participants.

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