Indiana Public Retirement System (INPRS) vs Iowa Public Employees Retirement System (IPERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Iowa Public Employees Retirement System (IPERS) has a stronger Pension Health Score of 80/100 (A) compared to Indiana Public Retirement System (INPRS) at 70/100 (B). Funding ratios differ by 6.6 percentage points (84.8% vs 78.2%). Iowa Public Employees Retirement System (IPERS) covers 372,000 participants.
| Metric | Indiana Public Retirement System (INPRS) | Iowa Public Employees Retirement System (IPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B) | 80/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 78.2% | 84.8%* |
| Total Assets | $37.0B | $35.5B |
| Total Liabilities | $47.3B | $41.9B* |
| Unfunded Liability | $10.3B | $6.4B* |
| Participants | 425,000 | 372,000 |
| 1-Year Investment Return | 6.1% | 6.4%* |
| Plan Type | public | public |
| PBGC Risk Level | moderate | low |
| Sponsor | State of Indiana | State of Iowa |
Iowa Public Employees Retirement System (IPERS) has a stronger Pension Health Score of 80/100 (A) compared to Indiana Public Retirement System (INPRS) at 70/100 (B). Funding ratios differ by 6.6 percentage points (84.8% vs 78.2%). Iowa Public Employees Retirement System (IPERS) covers 372,000 participants.