Minnesota Public Employees Retirement Association (PERA) vs Kansas Public Employees Retirement System (KPERS)
Side-by-side pension health comparison from DOL and public plan data
Minnesota Public Employees Retirement Association (PERA) (B) and Kansas Public Employees Retirement System (KPERS) (B) are close on the PensionRisk rubric. Funding ratios sit at 79% 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
Minnesota Public Employees Retirement Association (PERA) has a stronger Pension Health Score of 71/100 (B) compared to Kansas Public Employees Retirement System (KPERS) at 68/100 (B). Funding ratios differ by 6.8 percentage points (79.1% vs 72.3%). Minnesota Public Employees Retirement Association (PERA) covers 378,000 participants.
| Metric | Minnesota Public Employees Retirement Association (PERA) | Kansas Public Employees Retirement System (KPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 71/100 (B)* | 68/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 79.1%* | 72.3% |
| Total Assets | $35.0B | $24.8B |
| Total Liabilities | $44.2B | $34.3B* |
| Unfunded Liability | $9.2B* | $9.5B |
| Participants | 378,000 | 328,000 |
| 1-Year Investment Return | 5.9% | 5.9% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Minnesota | State of Kansas |
Minnesota Public Employees Retirement Association (PERA) has a stronger Pension Health Score of 71/100 (B) compared to Kansas Public Employees Retirement System (KPERS) at 68/100 (B). Funding ratios differ by 6.8 percentage points (79.1% vs 72.3%). Minnesota Public Employees Retirement Association (PERA) covers 378,000 participants.
Explore More
Related Comparisons
- Minnesota Public Employees Retirement Association (PERA) vs Minnesota Teachers Retirement Association (TRA)
- Minnesota Public Employees Retirement Association (PERA) vs Minnesota State Retirement System (MSRS)
- Minnesota Public Employees Retirement Association (PERA) vs 3M Company Pension Plan
- Minnesota Public Employees Retirement Association (PERA) vs California Public Employees Retirement System (CalPERS)
- Kansas Public Employees Retirement System (KPERS) vs International Brotherhood of Boilermakers National Pension Trust
- Kansas Public Employees Retirement System (KPERS) vs California Public Employees Retirement System (CalPERS)
- Kansas Public Employees Retirement System (KPERS) vs Teacher Retirement System of Texas (TRS)
- Kansas Public Employees Retirement System (KPERS) vs New York State & Local Retirement System (NYSLRS)