Illinois Municipal Retirement Fund (IMRF) vs School Employees Retirement System of Ohio (SERS)
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 School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 13.3 percentage points (81.2% vs 67.9%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.
| Metric | Illinois Municipal Retirement Fund (IMRF) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 80/100 (A)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 81.2%* | 67.9% |
| Total Assets | $51.2B | $16.2B |
| Total Liabilities | $63.1B | $23.9B* |
| Unfunded Liability | $11.9B | $7.7B* |
| Participants | 438,000 | 218,000 |
| 1-Year Investment Return | 5.8%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | low | moderate |
| Sponsor | State of Illinois | State of Ohio |
Illinois Municipal Retirement Fund (IMRF) has a stronger Pension Health Score of 80/100 (A) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 13.3 percentage points (81.2% vs 67.9%). Illinois Municipal Retirement Fund (IMRF) covers 438,000 participants.