Arizona State Retirement System (ASRS) vs NYC 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 NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 1.9 percentage points (72.3% vs 74.2%). Arizona State Retirement System (ASRS) covers 588,000 participants.
| Metric | Arizona State Retirement System (ASRS) | NYC Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 68/100 (B) | 68/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.3% | 74.2%* |
| Total Assets | $46.0B | $92.0B |
| Total Liabilities | $63.6B* | $124.0B |
| Unfunded Liability | $17.6B* | $32.0B |
| Participants | 588,000 | 225,000 |
| 1-Year Investment Return | 5.8%* | 5.4% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Arizona | New York City |
Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 1.9 percentage points (72.3% vs 74.2%). Arizona State Retirement System (ASRS) covers 588,000 participants.