NYC Employees Retirement System (NYCERS) vs State Universities Retirement System of Illinois (SURS)
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 State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 32.7 percentage points (76.8% vs 44.1%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.
| Metric | NYC Employees Retirement System (NYCERS) | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 71/100 (B)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 76.8%* | 44.1% |
| Total Assets | $77.2B | $22.5B |
| Total Liabilities | $100.5B | $51.0B* |
| Unfunded Liability | $23.3B* | $28.5B |
| Participants | 370,000 | 218,000 |
| 1-Year Investment Return | 5.6%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | critical |
| Sponsor | New York City | State of Illinois |
NYC Employees Retirement System (NYCERS) has a stronger Pension Health Score of 71/100 (B) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 32.7 percentage points (76.8% vs 44.1%). NYC Employees Retirement System (NYCERS) covers 370,000 participants.