Teamsters Local 710 Pension Fund vs Illinois Teachers Retirement System (TRS)
Side-by-side pension health comparison from DOL and public plan data
Teamsters Local 710 Pension Fund and Illinois Teachers Retirement System (TRS) are meaningfully apart on the LakeQuality pension-health rubric: Teamsters Local 710 Pension Fund grades A while Illinois Teachers Retirement System (TRS) grades D. Funding ratios: 94% vs 45%.
Teamsters Local 710 Pension Fund 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
Teamsters Local 710 Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 49.4 percentage points (94.1% vs 44.7%). Teamsters Local 710 Pension Fund covers 634,861 participants.
| Metric | Teamsters Local 710 Pension Fund | Illinois Teachers Retirement System (TRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 97/100 (A)* | 44/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 94.1%* | 44.7% |
| Total Assets | $55.6B | $62.8B |
| Total Liabilities | $59.1B* | $140.5B |
| Unfunded Liability | $3.5B* | $77.7B |
| Participants | 634,861 | 424,000 |
| 1-Year Investment Return | 4.2% | 4.8%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | low | critical |
| Sponsor | Teamsters Local 710 | State of Illinois |
Teamsters Local 710 Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to Illinois Teachers Retirement System (TRS) at 44/100 (D). Funding ratios differ by 49.4 percentage points (94.1% vs 44.7%). Teamsters Local 710 Pension Fund covers 634,861 participants.