Indiana Public Retirement System (INPRS) vs Kansas Public Employees Retirement System (KPERS)
Side-by-side pension health comparison from DOL and public plan data
Indiana Public Retirement System (INPRS) (B) and Kansas Public Employees Retirement System (KPERS) (B) are close on the LakeQuality rubric. Funding ratios sit at 78% and 72% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Indiana Public Retirement System (INPRS) has a stronger Pension Health Score of 70/100 (B) compared to Kansas Public Employees Retirement System (KPERS) at 68/100 (B). Funding ratios differ by 5.9 percentage points (78.2% vs 72.3%). Indiana Public Retirement System (INPRS) covers 425,000 participants.
| Metric | Indiana Public Retirement System (INPRS) | Kansas Public Employees Retirement System (KPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B)* | 68/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 78.2%* | 72.3% |
| Total Assets | $37.0B | $24.8B |
| Total Liabilities | $47.3B | $34.3B* |
| Unfunded Liability | $10.3B | $9.5B* |
| Participants | 425,000 | 328,000 |
| 1-Year Investment Return | 6.1%* | 5.9% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Indiana | State of Kansas |
Indiana Public Retirement System (INPRS) has a stronger Pension Health Score of 70/100 (B) compared to Kansas Public Employees Retirement System (KPERS) at 68/100 (B). Funding ratios differ by 5.9 percentage points (78.2% vs 72.3%). Indiana Public Retirement System (INPRS) covers 425,000 participants.