Illinois Teachers Retirement System (TRS) vs State Universities Retirement System of Illinois (SURS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Illinois Teachers Retirement System (TRS) has a stronger Pension Health Score of 44/100 (D) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 0.6 percentage points (44.7% vs 44.1%). Illinois Teachers Retirement System (TRS) covers 424,000 participants.
| Metric | Illinois Teachers Retirement System (TRS) | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 44/100 (D)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 44.7%* | 44.1% |
| Total Assets | $62.8B | $22.5B |
| Total Liabilities | $140.5B | $51.0B* |
| Unfunded Liability | $77.7B | $28.5B* |
| Participants | 424,000 | 218,000 |
| 1-Year Investment Return | 4.8% | 5.1%* |
| Plan Type | public | public |
| PBGC Risk Level | critical | critical |
| Sponsor | State of Illinois | State of Illinois |
Illinois Teachers Retirement System (TRS) has a stronger Pension Health Score of 44/100 (D) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 0.6 percentage points (44.7% vs 44.1%). Illinois Teachers Retirement System (TRS) covers 424,000 participants.