Employees Retirement System of Texas (ERS) vs School Employees Retirement System of Ohio (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Employees Retirement System of Texas (ERS) has a stronger Pension Health Score of 66/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 2.2 percentage points (70.1% vs 67.9%). Employees Retirement System of Texas (ERS) covers 327,000 participants.
| Metric | Employees Retirement System of Texas (ERS) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 66/100 (B) | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 70.1%* | 67.9% |
| Total Assets | $31.5B | $16.2B |
| Total Liabilities | $44.9B | $23.9B* |
| Unfunded Liability | $13.4B | $7.7B* |
| Participants | 327,000 | 218,000 |
| 1-Year Investment Return | 5.5%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Texas | State of Ohio |
Employees Retirement System of Texas (ERS) has a stronger Pension Health Score of 66/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 2.2 percentage points (70.1% vs 67.9%). Employees Retirement System of Texas (ERS) covers 327,000 participants.