California Public Employees Retirement System (CalPERS) vs South Carolina Retirement System
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 South Carolina Retirement System at 52/100 (C). Funding ratios differ by 12.2 percentage points (67.3% vs 55.1%). California Public Employees Retirement System (CalPERS) covers 2,050,000 participants.
| Metric | California Public Employees Retirement System (CalPERS) | South Carolina Retirement System |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 58/100 (C)* | 52/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 67.3%* | 55.1% |
| Total Assets | $473.0B | $35.5B |
| Total Liabilities | $703.0B | $64.4B* |
| Unfunded Liability | $230.0B | $28.9B* |
| Participants | 2,050,000 | 575,000 |
| 1-Year Investment Return | 5.8%* | 5.2% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | high |
| Sponsor | State of California | State of South Carolina |
California Public Employees Retirement System (CalPERS) has a stronger Pension Health Score of 58/100 (C) compared to South Carolina Retirement System at 52/100 (C). Funding ratios differ by 12.2 percentage points (67.3% vs 55.1%). California Public Employees Retirement System (CalPERS) covers 2,050,000 participants.