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Teacher Retirement System of Texas (TRS) vs South Carolina Retirement System

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 South Carolina Retirement System at 52/100 (C). Funding ratios differ by 23.0 percentage points (78.1% vs 55.1%). Teacher Retirement System of Texas (TRS) covers 1,730,000 participants.

MetricTeacher Retirement System of Texas (TRS)South Carolina Retirement System
Health Score
Composite of funding ratio, trend, and PBGC risk
72/100 (B)*52/100 (C)
Funding Ratio
Assets as % of liabilities (100%+ is fully funded)
78.1%*55.1%
Total Assets$193.0B$35.5B
Total Liabilities$247.0B$64.4B*
Unfunded Liability$54.0B$28.9B*
Participants1,730,000575,000
1-Year Investment Return6.1%*5.2%
Plan Typepublicpublic
PBGC Risk Levelmoderatehigh
SponsorState of TexasState of South Carolina

Teacher Retirement System of Texas (TRS) has a stronger Pension Health Score of 72/100 (B) compared to South Carolina Retirement System at 52/100 (C). Funding ratios differ by 23.0 percentage points (78.1% vs 55.1%). Teacher Retirement System of Texas (TRS) covers 1,730,000 participants.

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