North Carolina Retirement Systems vs Texas County & District Retirement System (TCDRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
North Carolina Retirement Systems has a stronger Pension Health Score of 82/100 (A) compared to Texas County & District Retirement System (TCDRS) at 81/100 (A). Funding ratios differ by 0.9 percentage points (87.1% vs 86.2%). North Carolina Retirement Systems covers 960,000 participants.
| Metric | North Carolina Retirement Systems | Texas County & District Retirement System (TCDRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 82/100 (A)* | 81/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 87.1%* | 86.2% |
| Total Assets | $112.0B | $39.5B |
| Total Liabilities | $128.6B | $45.8B* |
| Unfunded Liability | $16.6B | $6.3B* |
| Participants | 960,000 | 385,000 |
| 1-Year Investment Return | 6.6% | 6.6% |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | State of North Carolina | Texas Counties |
North Carolina Retirement Systems has a stronger Pension Health Score of 82/100 (A) compared to Texas County & District Retirement System (TCDRS) at 81/100 (A). Funding ratios differ by 0.9 percentage points (87.1% vs 86.2%). North Carolina Retirement Systems covers 960,000 participants.