New York State & Local Retirement System (NYSLRS) vs Florida Retirement System (FRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to Florida Retirement System (FRS) at 76/100 (B). Funding ratios differ by 13.1 percentage points (95.3% vs 82.2%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.
| Metric | New York State & Local Retirement System (NYSLRS) | Florida Retirement System (FRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A)* | 76/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 95.3%* | 82.2% |
| Total Assets | $248.0B | $190.0B |
| Total Liabilities | $260.2B | $231.1B* |
| Unfunded Liability | $12.2B* | $41.1B |
| Participants | 1,070,000 | 1,065,000 |
| 1-Year Investment Return | 7.1%* | 6.5% |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | State of New York | State of Florida |
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to Florida Retirement System (FRS) at 76/100 (B). Funding ratios differ by 13.1 percentage points (95.3% vs 82.2%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.