South Carolina Retirement System vs State Universities Retirement System of Illinois (SURS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
South Carolina Retirement System has a stronger Pension Health Score of 52/100 (C) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 11.0 percentage points (55.1% vs 44.1%). South Carolina Retirement System covers 575,000 participants.
| Metric | South Carolina Retirement System | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1%* | 44.1% |
| Total Assets | $35.5B | $22.5B |
| Total Liabilities | $64.4B | $51.0B* |
| Unfunded Liability | $28.9B | $28.5B* |
| Participants | 575,000 | 218,000 |
| 1-Year Investment Return | 5.2%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | high | critical |
| Sponsor | State of South Carolina | State of Illinois |
South Carolina Retirement System has a stronger Pension Health Score of 52/100 (C) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 11.0 percentage points (55.1% vs 44.1%). South Carolina Retirement System covers 575,000 participants.