State Employees Retirement System of Illinois (SERS) vs Deere & Company Pension Plan
Side-by-side pension health comparison from DOL and public plan data
State Employees Retirement System of Illinois (SERS) and Deere & Company Pension Plan are meaningfully apart on the LakeQuality pension-health rubric: State Employees Retirement System of Illinois (SERS) grades D while Deere & Company Pension Plan grades A. Funding ratios: 40% vs 124%.
Deere & Company Pension Plan 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
Deere & Company Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to State Employees Retirement System of Illinois (SERS) at 40/100 (D). Funding ratios differ by 83.6 percentage points (124.0% vs 40.4%). Deere & Company Pension Plan covers 83,076 participants.
| Metric | State Employees Retirement System of Illinois (SERS) | Deere & Company Pension Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 40/100 (D) | 100/100 (A)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 40.4% | 124.0%* |
| Total Assets | $19.8B | $21.1B |
| Total Liabilities | $49.0B | $17.0B* |
| Unfunded Liability | $29.2B | $0* |
| Participants | 152,000 | 83,076 |
| 1-Year Investment Return | 4.5% | 7.4%* |
| Plan Type | public | corporate |
| PBGC Risk Level | critical | low |
| Sponsor | State of Illinois | John Deere |
Deere & Company Pension Plan has a stronger Pension Health Score of 100/100 (A) compared to State Employees Retirement System of Illinois (SERS) at 40/100 (D). Funding ratios differ by 83.6 percentage points (124.0% vs 40.4%). Deere & Company Pension Plan covers 83,076 participants.
Explore More
Related Comparisons
- State Employees Retirement System of Illinois (SERS) vs Illinois Municipal Retirement Fund (IMRF)
- State Employees Retirement System of Illinois (SERS) vs Illinois Teachers Retirement System (TRS)
- State Employees Retirement System of Illinois (SERS) vs State Universities Retirement System of Illinois (SURS)
- State Employees Retirement System of Illinois (SERS) vs Chicago Teachers Pension Fund
- Deere & Company Pension Plan vs Central States, Southeast & Southwest Areas Pension Fund
- Deere & Company Pension Plan vs Teamsters Local 710 Pension Fund
- Deere & Company Pension Plan vs Illinois Municipal Retirement Fund (IMRF)
- Deere & Company Pension Plan vs Illinois Teachers Retirement System (TRS)