Michigan Public School Employees Retirement System (MPSERS) vs Oregon Public Employees Retirement System (PERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Oregon Public Employees Retirement System (PERS) has a stronger Pension Health Score of 72/100 (B) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 16.9 percentage points (77.3% vs 60.4%). Oregon Public Employees Retirement System (PERS) covers 375,000 participants.
| Metric | Michigan Public School Employees Retirement System (MPSERS) | Oregon Public Employees Retirement System (PERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 56/100 (C) | 72/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 60.4% | 77.3%* |
| Total Assets | $54.0B | $84.0B |
| Total Liabilities | $89.4B* | $108.7B |
| Unfunded Liability | $35.4B | $24.7B* |
| Participants | 465,000 | 375,000 |
| 1-Year Investment Return | 5.3% | 5.7%* |
| Plan Type | public | public |
| PBGC Risk Level | high | moderate |
| Sponsor | State of Michigan | State of Oregon |
Oregon Public Employees Retirement System (PERS) has a stronger Pension Health Score of 72/100 (B) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 16.9 percentage points (77.3% vs 60.4%). Oregon Public Employees Retirement System (PERS) covers 375,000 participants.