Colorado Public Employees Retirement Association (PERA) vs Arizona State Retirement System (ASRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to Colorado Public Employees Retirement Association (PERA) at 61/100 (C). Funding ratios differ by 7.5 percentage points (72.3% vs 64.8%). Arizona State Retirement System (ASRS) covers 588,000 participants.
| Metric | Colorado Public Employees Retirement Association (PERA) | Arizona State Retirement System (ASRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 61/100 (C) | 68/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 64.8% | 72.3%* |
| Total Assets | $58.0B | $46.0B |
| Total Liabilities | $89.5B | $63.6B* |
| Unfunded Liability | $31.5B | $17.6B* |
| Participants | 625,000 | 588,000 |
| 1-Year Investment Return | 5.5% | 5.8%* |
| Plan Type | public | public |
| PBGC Risk Level | high | moderate |
| Sponsor | State of Colorado | State of Arizona |
Arizona State Retirement System (ASRS) has a stronger Pension Health Score of 68/100 (B) compared to Colorado Public Employees Retirement Association (PERA) at 61/100 (C). Funding ratios differ by 7.5 percentage points (72.3% vs 64.8%). Arizona State Retirement System (ASRS) covers 588,000 participants.