Illinois Teachers Retirement System (TRS) vs School Employees Retirement System of Ohio (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
School Employees Retirement System of Ohio (SERS) has a stronger Pension Health Score of 66/100 (B) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 23.2 percentage points (67.9% vs 44.7%). School Employees Retirement System of Ohio (SERS) covers 218,000 participants.
| Metric | Illinois Teachers Retirement System (TRS) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 44/100 (D) | 66/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 44.7% | 67.9%* |
| Total Assets | $62.8B | $16.2B |
| Total Liabilities | $140.5B | $23.9B* |
| Unfunded Liability | $77.7B | $7.7B* |
| Participants | 424,000 | 218,000 |
| 1-Year Investment Return | 4.8% | 5.3%* |
| Plan Type | public | public |
| PBGC Risk Level | critical | moderate |
| Sponsor | State of Illinois | State of Ohio |
School Employees Retirement System of Ohio (SERS) has a stronger Pension Health Score of 66/100 (B) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 23.2 percentage points (67.9% vs 44.7%). School Employees Retirement System of Ohio (SERS) covers 218,000 participants.