South Carolina Retirement System vs Pennsylvania Public School Employees Retirement System (PSERS)
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 South Carolina Retirement System at 52/100 (C). Funding ratios differ by 2.7 percentage points (57.8% vs 55.1%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.
| Metric | South Carolina Retirement System | Pennsylvania Public School Employees Retirement System (PSERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 54/100 (C)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 57.8%* |
| Total Assets | $35.5B | $72.0B |
| Total Liabilities | $64.4B* | $124.6B |
| Unfunded Liability | $28.9B* | $52.6B |
| Participants | 575,000 | 518,000 |
| 1-Year Investment Return | 5.2%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | high | high |
| Sponsor | State of South Carolina | State of Pennsylvania |
Pennsylvania Public School Employees Retirement System (PSERS) has a stronger Pension Health Score of 54/100 (C) compared to South Carolina Retirement System at 52/100 (C). Funding ratios differ by 2.7 percentage points (57.8% vs 55.1%). Pennsylvania Public School Employees Retirement System (PSERS) covers 518,000 participants.