Florida Retirement System (FRS) vs Central States, Southeast & Southwest Areas Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Florida Retirement System (FRS) has a stronger Pension Health Score of 76/100 (B) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 60.2 percentage points (82.2% vs 22.0%). Florida Retirement System (FRS) covers 1,065,000 participants.
| Metric | Florida Retirement System (FRS) | Central States, Southeast & Southwest Areas Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 76/100 (B)* | 29/100 (F) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 82.2%* | 22.0% |
| Total Assets | $190.0B | $9.5B |
| Total Liabilities | $231.1B | $43.2B* |
| Unfunded Liability | $41.1B | $33.7B* |
| Participants | 1,065,000 | 380,000 |
| 1-Year Investment Return | 6.5%* | 4.5% |
| Plan Type | public | multiemployer |
| PBGC Risk Level | low | critical |
| Sponsor | State of Florida | Teamsters Central States |
Florida Retirement System (FRS) has a stronger Pension Health Score of 76/100 (B) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 60.2 percentage points (82.2% vs 22.0%). Florida Retirement System (FRS) covers 1,065,000 participants.