Teacher Retirement System of Texas (TRS) vs NYC Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Teacher Retirement System of Texas (TRS) has a stronger Pension Health Score of 72/100 (B) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 3.9 percentage points (78.1% vs 74.2%). Teacher Retirement System of Texas (TRS) covers 1,730,000 participants.
| Metric | Teacher Retirement System of Texas (TRS) | NYC Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 72/100 (B)* | 68/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 78.1%* | 74.2% |
| Total Assets | $193.0B | $92.0B |
| Total Liabilities | $247.0B | $124.0B* |
| Unfunded Liability | $54.0B | $32.0B* |
| Participants | 1,730,000 | 225,000 |
| 1-Year Investment Return | 6.1%* | 5.4% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Texas | New York City |
Teacher Retirement System of Texas (TRS) has a stronger Pension Health Score of 72/100 (B) compared to NYC Teachers Retirement System (TRS) at 68/100 (B). Funding ratios differ by 3.9 percentage points (78.1% vs 74.2%). Teacher Retirement System of Texas (TRS) covers 1,730,000 participants.