Minnesota Public Employees Retirement Association (PERA) vs School Employees Retirement System of Ohio (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Minnesota Public Employees Retirement Association (PERA) has a stronger Pension Health Score of 71/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 11.2 percentage points (79.1% vs 67.9%). Minnesota Public Employees Retirement Association (PERA) covers 378,000 participants.
| Metric | Minnesota Public Employees Retirement Association (PERA) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 71/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 79.1%* | 67.9% |
| Total Assets | $35.0B | $16.2B |
| Total Liabilities | $44.2B | $23.9B* |
| Unfunded Liability | $9.2B | $7.7B* |
| Participants | 378,000 | 218,000 |
| 1-Year Investment Return | 5.9%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Minnesota | State of Ohio |
Minnesota Public Employees Retirement Association (PERA) has a stronger Pension Health Score of 71/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 11.2 percentage points (79.1% vs 67.9%). Minnesota Public Employees Retirement Association (PERA) covers 378,000 participants.