California Public Employees Retirement System (CalPERS) vs Ohio Public Employees Retirement System (OPERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Ohio Public Employees Retirement System (OPERS) has a stronger Pension Health Score of 80/100 (A) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 15.2 percentage points (82.5% vs 67.3%). Ohio Public Employees Retirement System (OPERS) covers 762,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | Ohio Public Employees Retirement System (OPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C) | 80/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3% | 82.5%* |
| Total Assets | $473.0B | $105.0B |
| Total Liabilities | $703.0B | $127.3B* |
| Unfunded Liability | $230.0B | $22.3B* |
| Participants | 2,050,000 | 762,000 |
| 1-Year Investment Return | 5.8% | 6.2%* |
| Plan Type | public | public |
| PBGC Risk Level | moderate | low |
| Sponsor | State of California | State of Ohio |
Ohio Public Employees Retirement System (OPERS) has a stronger Pension Health Score of 80/100 (A) compared to California Public Employees Retirement System (CalPERS) at 58/100 (C). Funding ratios differ by 15.2 percentage points (82.5% vs 67.3%). Ohio Public Employees Retirement System (OPERS) covers 762,000 participants.