New York State & Local Retirement System (NYSLRS) vs North Carolina Retirement Systems
Side-by-side pension health comparison from DOL and public plan data
New York State & Local Retirement System (NYSLRS) (A) and North Carolina Retirement Systems (A) are close on the LakeQuality rubric. Funding ratios sit at 95% and 87% 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 North Carolina Retirement Systems at 82/100 (A). Funding ratios differ by 8.2 percentage points (95.3% vs 87.1%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.
| Metric | New York State & Local Retirement System (NYSLRS) | North Carolina Retirement Systems |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A) | 82/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 95.3%* | 87.1% |
| Total Assets | $248.0B | $112.0B |
| Total Liabilities | $260.2B | $128.6B* |
| Unfunded Liability | $12.2B* | $16.6B |
| Participants | 1,070,000 | 960,000 |
| 1-Year Investment Return | 7.1%* | 6.6% |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | State of New York | State of North Carolina |
New York State & Local Retirement System (NYSLRS) has a stronger Pension Health Score of 82/100 (A) compared to North Carolina Retirement Systems at 82/100 (A). Funding ratios differ by 8.2 percentage points (95.3% vs 87.1%). New York State & Local Retirement System (NYSLRS) covers 1,070,000 participants.