California State Teachers Retirement System (CalSTRS) vs Pennsylvania Public School Employees Retirement System (PSERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
California State Teachers Retirement System (CalSTRS) has a stronger Pension Health Score of 73/100 (B) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 15.1 percentage points (72.9% vs 57.8%). California State Teachers Retirement System (CalSTRS) covers 985,000 participants.
| Metric | California State Teachers Retirement System (CalSTRS) | Pennsylvania Public School Employees Retirement System (PSERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 73/100 (B)* | 54/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.9%* | 57.8% |
| Total Assets | $318.0B | $72.0B |
| Total Liabilities | $436.0B | $124.6B* |
| Unfunded Liability | $118.0B | $52.6B* |
| Participants | 985,000 | 518,000 |
| 1-Year Investment Return | 6.2%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | high |
| Sponsor | State of California | State of Pennsylvania |
California State Teachers Retirement System (CalSTRS) has a stronger Pension Health Score of 73/100 (B) compared to Pennsylvania Public School Employees Retirement System (PSERS) at 54/100 (C). Funding ratios differ by 15.1 percentage points (72.9% vs 57.8%). California State Teachers Retirement System (CalSTRS) covers 985,000 participants.