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Maryland State Retirement & Pension System vs NYC Teachers Retirement System (TRS)

Side-by-side pension health comparison from DOL and public plan data

Verdict

NYC Teachers Retirement System (TRS) has a stronger Pension Health Score of 68/100 (B) compared to Maryland State Retirement & Pension System at 67/100 (B). Funding ratios differ by 2.1 percentage points (74.2% vs 72.1%). NYC Teachers Retirement System (TRS) covers 225,000 participants.

MetricMaryland State Retirement & Pension SystemNYC Teachers Retirement System (TRS)
Health Score
Composite of funding ratio, trend, and PBGC risk
67/100 (B)68/100 (B)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
72.1%74.2%*
Total Assets$61.0B$92.0B
Total Liabilities$84.6B*$124.0B
Unfunded Liability$23.6B*$32.0B
Participants398,000225,000
1-Year Investment Return5.8%*5.4%
Plan Typepublicpublic
PBGC Risk Levelmoderatemoderate
SponsorState of MarylandNew York City

NYC Teachers Retirement System (TRS) has a stronger Pension Health Score of 68/100 (B) compared to Maryland State Retirement & Pension System at 67/100 (B). Funding ratios differ by 2.1 percentage points (74.2% vs 72.1%). NYC Teachers Retirement System (TRS) covers 225,000 participants.

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