Pennsylvania Public School Employees Retirement System (PSERS) vs Illinois Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Pennsylvania Public School Employees Retirement System (PSERS) has a stronger Pension Health Score of 54/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 13.1 percentage points (57.8% vs 44.7%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.
| Metric | Pennsylvania Public School Employees Retirement System (PSERS) | Illinois Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 54/100 (C)* | 44/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 57.8%* | 44.7% |
| Total Assets | $72.0B | $62.8B |
| Total Liabilities | $124.6B* | $140.5B |
| Unfunded Liability | $52.6B* | $77.7B |
| Participants | 518,000 | 424,000 |
| 1-Year Investment Return | 5.1%* | 4.8% |
| Plan Type | public | public |
| PBGC Risk Level | high | critical |
| Sponsor | State of Pennsylvania | State of Illinois |
Pennsylvania Public School Employees Retirement System (PSERS) has a stronger Pension Health Score of 54/100 (C) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 13.1 percentage points (57.8% vs 44.7%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.