Illinois Municipal Retirement Fund (IMRF) vs NYC Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Illinois Municipal Retirement Fund (IMRF) has a stronger Pension Health Score of 80/100 (A) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 7.0 percentage points (81.2% vs 74.2%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.
| Metric | Illinois Municipal Retirement Fund (IMRF) | NYC Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 80/100 (A)* | 68/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 81.2%* | 74.2% |
| Total Assets | $51.2B | $92.0B |
| Total Liabilities | $63.1B* | $124.0B |
| Unfunded Liability | $11.9B* | $32.0B |
| Participants | 438,000 | 225,000 |
| 1-Year Investment Return | 5.8%* | 5.4% |
| Plan Type | public | public |
| PBGC Risk Level | low | moderate |
| Sponsor | State of Illinois | New York City |
Illinois Municipal Retirement Fund (IMRF) has a stronger Pension Health Score of 80/100 (A) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 7.0 percentage points (81.2% vs 74.2%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.