New Jersey Public Employees Retirement System (PERS) vs Illinois Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
New Jersey Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 7.6 percentage points (52.3% vs 44.7%). New Jersey Public Employees Retirement System (PERS) covers 425,000 participants.
| Metric | New Jersey Public Employees Retirement System (PERS) | Illinois Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C)* | 44/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 52.3%* | 44.7% |
| Total Assets | $34.0B | $62.8B |
| Total Liabilities | $65.0B* | $140.5B |
| Unfunded Liability | $31.0B* | $77.7B |
| Participants | 425,000 | 424,000 |
| 1-Year Investment Return | 5.1%* | 4.8% |
| Plan Type | public | public |
| PBGC Risk Level | high | critical |
| Sponsor | State of New Jersey | State of Illinois |
New Jersey Public Employees Retirement System (PERS) has a stronger Pension Health Score of 54/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 7.6 percentage points (52.3% vs 44.7%). New Jersey Public Employees Retirement System (PERS) covers 425,000 participants.