Florida Retirement System (FRS) vs University of California Retirement Plan
Side-by-side pension health comparison from DOL and public plan data
Verdict
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Florida Retirement System (FRS) at 76/100 (B). Funding ratios differ by 1.3 percentage points (83.5% vs 82.2%). University of California Retirement Plan covers 305,000 participants.
| Metric | Florida Retirement System (FRS) | University of California Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 76/100 (B) | 78/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 82.2% | 83.5%* |
| Total Assets | $190.0B | $82.0B |
| Total Liabilities | $231.1B | $98.2B* |
| Unfunded Liability | $41.1B | $16.2B* |
| Participants | 1,065,000 | 305,000 |
| 1-Year Investment Return | 6.5% | 7.2%* |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | State of Florida | University of California |
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Florida Retirement System (FRS) at 76/100 (B). Funding ratios differ by 1.3 percentage points (83.5% vs 82.2%). University of California Retirement Plan covers 305,000 participants.