Georgia Teachers Retirement System (TRS) vs Employees Retirement System of Texas (ERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Georgia Teachers Retirement System (TRS) has a stronger Pension Health Score of 70/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 7.3 percentage points (77.4% vs 70.1%). Georgia Teachers Retirement System (TRS) covers 405,000 participants.
| Metric | Georgia Teachers Retirement System (TRS) | Employees Retirement System of Texas (ERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 77.4%* | 70.1% |
| Total Assets | $74.0B | $31.5B |
| Total Liabilities | $95.6B | $44.9B* |
| Unfunded Liability | $21.6B | $13.4B* |
| Participants | 405,000 | 327,000 |
| 1-Year Investment Return | 6.0%* | 5.5% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Georgia | State of Texas |
Georgia Teachers Retirement System (TRS) has a stronger Pension Health Score of 70/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 7.3 percentage points (77.4% vs 70.1%). Georgia Teachers Retirement System (TRS) covers 405,000 participants.