Ohio Public Employees Retirement System (OPERS) vs School Employees Retirement System of Ohio (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Ohio Public Employees Retirement System (OPERS) has a stronger Pension Health Score of 80/100 (A) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 14.6 percentage points (82.5% vs 67.9%). Ohio Public Employees Retirement System (OPERS) covers 762,000 participants.
| Metric | Ohio Public Employees Retirement System (OPERS) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 80/100 (A)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 82.5%* | 67.9% |
| Total Assets | $105.0B | $16.2B |
| Total Liabilities | $127.3B | $23.9B* |
| Unfunded Liability | $22.3B | $7.7B* |
| Participants | 762,000 | 218,000 |
| 1-Year Investment Return | 6.2%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | low | moderate |
| Sponsor | State of Ohio | State of Ohio |
Ohio Public Employees Retirement System (OPERS) has a stronger Pension Health Score of 80/100 (A) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 14.6 percentage points (82.5% vs 67.9%). Ohio Public Employees Retirement System (OPERS) covers 762,000 participants.