Central States, Southeast & Southwest Areas Pension Fund vs State Universities Retirement System of Illinois (SURS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
State Universities Retirement System of Illinois (SURS) has a stronger Pension Health Score of 42/100 (D) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 22.1 percentage points (44.1% vs 22.0%). State Universities Retirement System of Illinois (SURS) covers 218,000 participants.
| Metric | Central States, Southeast & Southwest Areas Pension Fund | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 29/100 (F) | 42/100 (D)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 22.0% | 44.1%* |
| Total Assets | $9.5B | $22.5B |
| Total Liabilities | $43.2B* | $51.0B |
| Unfunded Liability | $33.7B | $28.5B* |
| Participants | 380,000 | 218,000 |
| 1-Year Investment Return | 4.5% | 5.1%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | critical | critical |
| Sponsor | Teamsters Central States | State of Illinois |
State Universities Retirement System of Illinois (SURS) has a stronger Pension Health Score of 42/100 (D) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 22.1 percentage points (44.1% vs 22.0%). State Universities Retirement System of Illinois (SURS) covers 218,000 participants.