Illinois Teachers Retirement System (TRS) vs Pennsylvania State Employees Retirement System (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Pennsylvania State Employees Retirement System (SERS) has a stronger Pension Health Score of 57/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 18.4 percentage points (63.1% vs 44.7%). Pennsylvania State Employees Retirement System (SERS) covers 245,000 participants.
| Metric | Illinois Teachers Retirement System (TRS) | Pennsylvania State Employees Retirement System (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 44/100 (D) | 57/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 44.7% | 63.1%* |
| Total Assets | $62.8B | $36.2B |
| Total Liabilities | $140.5B | $57.4B* |
| Unfunded Liability | $77.7B | $21.2B* |
| Participants | 424,000 | 245,000 |
| 1-Year Investment Return | 4.8% | 5.4%* |
| Plan Type | public | public |
| PBGC Risk Level | critical | high |
| Sponsor | State of Illinois | State of Pennsylvania |
Pennsylvania State Employees Retirement System (SERS) has a stronger Pension Health Score of 57/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 18.4 percentage points (63.1% vs 44.7%). Pennsylvania State Employees Retirement System (SERS) covers 245,000 participants.