General Motors Hourly-Rate Employees Pension Plan vs State Universities Retirement System of Illinois (SURS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 36.0 percentage points (80.1% vs 44.1%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.
| Metric | General Motors Hourly-Rate Employees Pension Plan | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 78/100 (B)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 80.1%* | 44.1% |
| Total Assets | $66.5B | $22.5B |
| Total Liabilities | $83.0B | $51.0B* |
| Unfunded Liability | $16.5B* | $28.5B |
| Participants | 302,000 | 218,000 |
| 1-Year Investment Return | 7.2%* | 5.1% |
| Plan Type | corporate | public |
| PBGC Risk Level | low | critical |
| Sponsor | General Motors | State of Illinois |
General Motors Hourly-Rate Employees Pension Plan has a stronger Pension Health Score of 78/100 (B) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 36.0 percentage points (80.1% vs 44.1%). General Motors Hourly-Rate Employees Pension Plan covers 302,000 participants.