South Carolina Retirement System vs Washington State Department of Retirement Systems
Side-by-side pension health comparison from DOL and public plan data
Verdict
Washington State Department of Retirement Systems has a stronger Pension Health Score of 82/100 (A) compared to South Carolina Retirement System at 52/100 (C). Funding ratios differ by 32.7 percentage points (87.8% vs 55.1%). Washington State Department of Retirement Systems covers 528,000 participants.
| Metric | South Carolina Retirement System | Washington State Department of Retirement Systems |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 52/100 (C) | 82/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 55.1% | 87.8%* |
| Total Assets | $35.5B | $108.0B |
| Total Liabilities | $64.4B* | $123.0B |
| Unfunded Liability | $28.9B | $15.0B* |
| Participants | 575,000 | 528,000 |
| 1-Year Investment Return | 5.2% | 6.7%* |
| Plan Type | public | public |
| PBGC Risk Level | high | low |
| Sponsor | State of South Carolina | State of Washington |
Washington State Department of Retirement Systems has a stronger Pension Health Score of 82/100 (A) compared to South Carolina Retirement System at 52/100 (C). Funding ratios differ by 32.7 percentage points (87.8% vs 55.1%). Washington State Department of Retirement Systems covers 528,000 participants.