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PensionWatch

Oregon Public Employees Retirement System (PERS) vs Employees Retirement System of Texas (ERS)

Side-by-side pension health comparison from DOL and public plan data

Verdict

Oregon Public Employees Retirement System (PERS) has a stronger Pension Health Score of 72/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 7.2 percentage points (77.3% vs 70.1%). Oregon Public Employees Retirement System (PERS) covers 375,000 participants.

MetricOregon Public Employees Retirement System (PERS)Employees Retirement System of Texas (ERS)
Health Score
Composite of funding ratio, trend, and PBGC risk
72/100 (B)*66/100 (B)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
77.3%*70.1%
Total Assets$84.0B$31.5B
Total Liabilities$108.7B$44.9B*
Unfunded Liability$24.7B$13.4B*
Participants375,000327,000
1-Year Investment Return5.7%*5.5%
Plan Typepublicpublic
PBGC Risk Levelmoderatemoderate
SponsorState of OregonState of Texas

Oregon Public Employees Retirement System (PERS) has a stronger Pension Health Score of 72/100 (B) compared to Employees Retirement System of Texas (ERS) at 66/100 (B). Funding ratios differ by 7.2 percentage points (77.3% vs 70.1%). Oregon Public Employees Retirement System (PERS) covers 375,000 participants.

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