State Teachers Retirement System of Ohio (STRS Ohio) vs Michigan Public School Employees Retirement System (MPSERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
State Teachers Retirement System of Ohio (STRS Ohio) has a stronger Pension Health Score of 80/100 (A) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 19.8 percentage points (80.2% vs 60.4%). State Teachers Retirement System of Ohio (STRS Ohio) covers 507,000 participants.
| Metric | State Teachers Retirement System of Ohio (STRS Ohio) | Michigan Public School Employees Retirement System (MPSERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 80/100 (A)* | 56/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 80.2%* | 60.4% |
| Total Assets | $90.0B | $54.0B |
| Total Liabilities | $112.2B | $89.4B* |
| Unfunded Liability | $22.2B* | $35.4B |
| Participants | 507,000 | 465,000 |
| 1-Year Investment Return | 6.0%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | low | high |
| Sponsor | State of Ohio | State of Michigan |
State Teachers Retirement System of Ohio (STRS Ohio) has a stronger Pension Health Score of 80/100 (A) compared to Michigan Public School Employees Retirement System (MPSERS) at 56/100 (C). Funding ratios differ by 19.8 percentage points (80.2% vs 60.4%). State Teachers Retirement System of Ohio (STRS Ohio) covers 507,000 participants.