Kansas Public Employees Retirement System (KPERS) vs Employees Retirement System of Texas (ERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Kansas Public Employees Retirement System (KPERS) has a stronger Pension Health Score of 68/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 2.2 percentage points (72.3% vs 70.1%). Kansas Public Employees Retirement System (KPERS) covers 328,000 participants.
| Metric | Kansas Public Employees Retirement System (KPERS) | Employees Retirement System of Texas (ERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 68/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 72.3%* | 70.1% |
| Total Assets | $24.8B | $31.5B |
| Total Liabilities | $34.3B* | $44.9B |
| Unfunded Liability | $9.5B* | $13.4B |
| Participants | 328,000 | 327,000 |
| 1-Year Investment Return | 5.9%* | 5.5% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Kansas | State of Texas |
Kansas Public Employees Retirement System (KPERS) has a stronger Pension Health Score of 68/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 2.2 percentage points (72.3% vs 70.1%). Kansas Public Employees Retirement System (KPERS) covers 328,000 participants.