California Public Employees Retirement System (CalPERS) vs Illinois Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
California Public Employees Retirement System (CalPERS) has a stronger Pension Health Score of 58/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 22.6 percentage points (67.3% vs 44.7%). California Public Employees Retirement System (CalPERS) covers 2,050,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | Illinois Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C)* | 44/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3%* | 44.7% |
| Total Assets | $473.0B | $62.8B |
| Total Liabilities | $703.0B | $140.5B* |
| Unfunded Liability | $230.0B | $77.7B* |
| Participants | 2,050,000 | 424,000 |
| 1-Year Investment Return | 5.8%* | 4.8% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | critical |
| Sponsor | State of California | State of Illinois |
California Public Employees Retirement System (CalPERS) has a stronger Pension Health Score of 58/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 22.6 percentage points (67.3% vs 44.7%). California Public Employees Retirement System (CalPERS) covers 2,050,000 participants.