Indiana Public Retirement System (INPRS) vs Employees Retirement System of Texas (ERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Indiana Public Retirement System (INPRS) has a stronger Pension Health Score of 70/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 8.1 percentage points (78.2% vs 70.1%). Indiana Public Retirement System (INPRS) covers 425,000 participants.
| Metric | Indiana Public Retirement System (INPRS) | Employees Retirement System of Texas (ERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 78.2%* | 70.1% |
| Total Assets | $37.0B | $31.5B |
| Total Liabilities | $47.3B | $44.9B* |
| Unfunded Liability | $10.3B* | $13.4B |
| Participants | 425,000 | 327,000 |
| 1-Year Investment Return | 6.1%* | 5.5% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Indiana | State of Texas |
Indiana Public Retirement System (INPRS) has a stronger Pension Health Score of 70/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 8.1 percentage points (78.2% vs 70.1%). Indiana Public Retirement System (INPRS) covers 425,000 participants.