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PensionRisk

Illinois Teachers Retirement System (TRS) vs Chicago Teachers Pension Fund

Side-by-side pension health comparison from DOL and public plan data

Illinois Teachers Retirement System (TRS) (D) and Chicago Teachers Pension Fund (D) are close on the LakeQuality rubric. Funding ratios sit at 45% and 43% respectively — within a few points of each other.

With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.

Verdict

Illinois Teachers Retirement System (TRS) has a stronger Pension Health Score of 44/100 (D) compared to Chicago Teachers Pension Fund at 44/100 (D). Funding ratios differ by 1.9 percentage points (44.7% vs 42.8%). Illinois Teachers Retirement System (TRS) covers 424,000 participants.

MetricIllinois Teachers Retirement System (TRS)Chicago Teachers Pension Fund
Health Score
Composite of funding ratio, trend, and PBGC risk
44/100 (D)44/100 (D)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
44.7%*42.8%
Total Assets$62.8B$12.4B
Total Liabilities$140.5B$29.0B*
Unfunded Liability$77.7B$16.6B*
Participants424,00069,000
1-Year Investment Return4.8%*4.6%
Plan Typepublicpublic
PBGC Risk Levelcriticalcritical
SponsorState of IllinoisCity of Chicago

Illinois Teachers Retirement System (TRS) has a stronger Pension Health Score of 44/100 (D) compared to Chicago Teachers Pension Fund at 44/100 (D). Funding ratios differ by 1.9 percentage points (44.7% vs 42.8%). Illinois Teachers Retirement System (TRS) covers 424,000 participants.

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