Illinois Teachers Retirement System (TRS) vs Mississippi Public Employees Retirement System (PERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Mississippi Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 15.4 percentage points (60.1% vs 44.7%). Mississippi Public Employees Retirement System (PERS) covers 322,000 participants.
| Metric | Illinois Teachers Retirement System (TRS) | Mississippi Public Employees Retirement System (PERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 44/100 (D) | 54/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 44.7% | 60.1%* |
| Total Assets | $62.8B | $29.0B |
| Total Liabilities | $140.5B | $48.3B* |
| Unfunded Liability | $77.7B | $19.3B* |
| Participants | 424,000 | 322,000 |
| 1-Year Investment Return | 4.8% | 5.3%* |
| Plan Type | public | public |
| PBGC Risk Level | critical | high |
| Sponsor | State of Illinois | State of Mississippi |
Mississippi Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 15.4 percentage points (60.1% vs 44.7%). Mississippi Public Employees Retirement System (PERS) covers 322,000 participants.