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PensionRisk

State Teachers Retirement System of Ohio (STRS Ohio) vs Texas County & District Retirement System (TCDRS)

Side-by-side pension health comparison from DOL and public plan data

State Teachers Retirement System of Ohio (STRS Ohio) (A) and Texas County & District Retirement System (TCDRS) (A) are close on the LakeQuality rubric. Funding ratios sit at 80% and 86% respectively — within a few points of each other.

With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.

Verdict

Texas County & District Retirement System (TCDRS) has a stronger Pension Health Score of 81/100 (A) compared to State Teachers Retirement System of Ohio (STRS Ohio) at 80/100 (A). Funding ratios differ by 6.0 percentage points (86.2% vs 80.2%). Texas County & District Retirement System (TCDRS) covers 385,000 participants.

MetricState Teachers Retirement System of Ohio (STRS Ohio)Texas County & District Retirement System (TCDRS)
Health Score
Composite of funding ratio, trend, and PBGC risk
80/100 (A)81/100 (A)*
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
80.2%86.2%*
Total Assets$90.0B$39.5B
Total Liabilities$112.2B$45.8B*
Unfunded Liability$22.2B$6.3B*
Participants507,000385,000
1-Year Investment Return6.0%6.6%*
Plan Typepublicpublic
PBGC Risk Levellowlow
SponsorState of OhioTexas Counties

Texas County & District Retirement System (TCDRS) has a stronger Pension Health Score of 81/100 (A) compared to State Teachers Retirement System of Ohio (STRS Ohio) at 80/100 (A). Funding ratios differ by 6.0 percentage points (86.2% vs 80.2%). Texas County & District Retirement System (TCDRS) covers 385,000 participants.

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