Connecticut State Employees Retirement System (SERS) vs Connecticut Teachers Retirement Board
Side-by-side pension health comparison from DOL and public plan data
Connecticut State Employees Retirement System (SERS) (D) and Connecticut Teachers Retirement Board (C) are close on the LakeQuality rubric. Funding ratios sit at 38% and 52% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Connecticut Teachers Retirement Board has a stronger Pension Health Score of 51/100 (C) compared to Connecticut State Employees Retirement System (SERS) at 39/100 (D). Funding ratios differ by 14.1 percentage points (52.3% vs 38.2%). Connecticut Teachers Retirement Board covers 92,000 participants.
| Metric | Connecticut State Employees Retirement System (SERS) | Connecticut Teachers Retirement Board |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 39/100 (D) | 51/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 38.2% | 52.3%* |
| Total Assets | $14.2B | $20.5B |
| Total Liabilities | $37.2B* | $39.2B |
| Unfunded Liability | $23.0B | $18.7B* |
| Participants | 112,000 | 92,000 |
| 1-Year Investment Return | 4.7% | 5.0%* |
| Plan Type | public | public |
| PBGC Risk Level | critical | high |
| Sponsor | State of Connecticut | State of Connecticut |
Connecticut Teachers Retirement Board has a stronger Pension Health Score of 51/100 (C) compared to Connecticut State Employees Retirement System (SERS) at 39/100 (D). Funding ratios differ by 14.1 percentage points (52.3% vs 38.2%). Connecticut Teachers Retirement Board covers 92,000 participants.