California Public Employees Retirement System (CalPERS) vs Colorado Public Employees Retirement Association (PERA)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Colorado Public Employees Retirement Association (PERA) has a stronger Pension Health Score of 61/100 (C) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 2.5 percentage points (64.8% vs 67.3%). Colorado Public Employees Retirement Association (PERA) covers 625,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | Colorado Public Employees Retirement Association (PERA) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C) | 61/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3%* | 64.8% |
| Total Assets | $473.0B | $58.0B |
| Total Liabilities | $703.0B | $89.5B* |
| Unfunded Liability | $230.0B | $31.5B* |
| Participants | 2,050,000 | 625,000 |
| 1-Year Investment Return | 5.8%* | 5.5% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | high |
| Sponsor | State of California | State of Colorado |
Colorado Public Employees Retirement Association (PERA) has a stronger Pension Health Score of 61/100 (C) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 2.5 percentage points (64.8% vs 67.3%). Colorado Public Employees Retirement Association (PERA) covers 625,000 participants.