New York State & Local Retirement System (NYSLRS) vs Employees Retirement System of Texas (ERS)
Side-by-side pension health comparison from DOL and public plan data
New York State & Local Retirement System (NYSLRS) (A) and Employees Retirement System of Texas (ERS) (B) are close on the LakeQuality rubric. Funding ratios sit at 95% and 70% 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
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 25.2 percentage points (95.3% vs 70.1%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.
| Metric | New York State & Local Retirement System (NYSLRS) | Employees Retirement System of Texas (ERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 95.3%* | 70.1% |
| Total Assets | $248.0B | $31.5B |
| Total Liabilities | $260.2B | $44.9B* |
| Unfunded Liability | $12.2B* | $13.4B |
| Participants | 1,070,000 | 327,000 |
| 1-Year Investment Return | 7.1%* | 5.5% |
| Plan Type | public | public |
| PBGC Risk Level | low | moderate |
| Sponsor | State of New York | State of Texas |
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 25.2 percentage points (95.3% vs 70.1%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.