Oregon Public Employees Retirement System (PERS) vs State Universities Retirement System of Illinois (SURS)
Side-by-side pension health comparison from DOL and public plan data
Oregon Public Employees Retirement System (PERS) and State Universities Retirement System of Illinois (SURS) are meaningfully apart on the LakeQuality pension-health rubric: Oregon Public Employees Retirement System (PERS) grades B while State Universities Retirement System of Illinois (SURS) grades D. Funding ratios: 77% vs 44%.
Oregon Public Employees Retirement System (PERS) comes out ahead on the composite rubric. For a participant in either plan, the spread is informative but not directly actionable — pension participation is not portable, so the relevant question is what each plan's funded-status trajectory means for that participant's benefit security.
Verdict
Oregon Public Employees Retirement System (PERS) has a stronger Pension Health Score of 72/100 (B) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 33.2 percentage points (77.3% vs 44.1%). Oregon Public Employees Retirement System (PERS) covers 375,000 participants.
| Metric | Oregon Public Employees Retirement System (PERS) | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 72/100 (B)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 77.3%* | 44.1% |
| Total Assets | $84.0B | $22.5B |
| Total Liabilities | $108.7B | $51.0B* |
| Unfunded Liability | $24.7B* | $28.5B |
| Participants | 375,000 | 218,000 |
| 1-Year Investment Return | 5.7%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | critical |
| Sponsor | State of Oregon | State of Illinois |
Oregon Public Employees Retirement System (PERS) has a stronger Pension Health Score of 72/100 (B) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 33.2 percentage points (77.3% vs 44.1%). Oregon Public Employees Retirement System (PERS) covers 375,000 participants.