Illinois Teachers Retirement System (TRS) vs UPS Retirement Plan
Side-by-side pension health comparison from DOL and public plan data
Illinois Teachers Retirement System (TRS) and UPS Retirement Plan are meaningfully apart on the LakeQuality pension-health rubric: Illinois Teachers Retirement System (TRS) grades D while UPS Retirement Plan grades A. Funding ratios: 45% vs 91%.
UPS Retirement Plan comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
UPS Retirement Plan has a stronger Pension Health Score of 95/100 (A) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 46.0 percentage points (90.7% vs 44.7%). UPS Retirement Plan covers 243,932 participants.
| Metric | Illinois Teachers Retirement System (TRS) | UPS Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 44/100 (D) | 95/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 44.7% | 90.7%* |
| Total Assets | $62.8B | $9.7B |
| Total Liabilities | $140.5B | $10.7B* |
| Unfunded Liability | $77.7B | $993.0M* |
| Participants | 424,000 | 243,932 |
| 1-Year Investment Return | 4.8% | 6.7%* |
| Plan Type | public | corporate |
| PBGC Risk Level | critical | low |
| Sponsor | State of Illinois | United Parcel Service |
UPS Retirement Plan has a stronger Pension Health Score of 95/100 (A) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 46.0 percentage points (90.7% vs 44.7%). UPS Retirement Plan covers 243,932 participants.