NYC Employees Retirement System (NYCERS) vs School Employees Retirement System of Ohio (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 8.9 percentage points (76.8% vs 67.9%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.
| Metric | NYC Employees Retirement System (NYCERS) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 71/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 76.8%* | 67.9% |
| Total Assets | $77.2B | $16.2B |
| Total Liabilities | $100.5B | $23.9B* |
| Unfunded Liability | $23.3B | $7.7B* |
| Participants | 370,000 | 218,000 |
| 1-Year Investment Return | 5.6%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | New York City | State of Ohio |
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 8.9 percentage points (76.8% vs 67.9%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.