Ohio Public Employees Retirement System (OPERS) vs Virginia Retirement System (VRS)
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 Virginia Retirement System (VRS) at 70/100 (B). Funding ratios differ by 7.4 percentage points (82.5% vs 75.1%). Ohio Public Employees Retirement System (OPERS) covers 762,000 participants.
| Metric | Ohio Public Employees Retirement System (OPERS) | Virginia Retirement System (VRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 80/100 (A)* | 70/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 82.5%* | 75.1% |
| Total Assets | $105.0B | $87.0B |
| Total Liabilities | $127.3B | $115.8B* |
| Unfunded Liability | $22.3B* | $28.8B |
| Participants | 762,000 | 740,000 |
| 1-Year Investment Return | 6.2%* | 6.0% |
| Plan Type | public | public |
| PBGC Risk Level | low | moderate |
| Sponsor | State of Ohio | State of Virginia |
Ohio Public Employees Retirement System (OPERS) has a stronger Pension Health Score of 80/100 (A) compared to Virginia Retirement System (VRS) at 70/100 (B). Funding ratios differ by 7.4 percentage points (82.5% vs 75.1%). Ohio Public Employees Retirement System (OPERS) covers 762,000 participants.