Teamsters Local 710 Pension Fund vs Iowa Public Employees Retirement System (IPERS)
Side-by-side pension health comparison from DOL and public plan data
Teamsters Local 710 Pension Fund (A) and Iowa Public Employees Retirement System (IPERS) (A) are close on the LakeQuality rubric. Funding ratios sit at 94% and 85% 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
Teamsters Local 710 Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 9.3 percentage points (94.1% vs 84.8%). Teamsters Local 710 Pension Fund covers 634,861 participants.
| Metric | Teamsters Local 710 Pension Fund | Iowa Public Employees Retirement System (IPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 97/100 (A)* | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 94.1%* | 84.8% |
| Total Assets | $55.6B | $35.5B |
| Total Liabilities | $59.1B | $41.9B* |
| Unfunded Liability | $3.5B* | $6.4B |
| Participants | 634,861 | 372,000 |
| 1-Year Investment Return | 4.2% | 6.4%* |
| Plan Type | multiemployer | public |
| PBGC Risk Level | low | low |
| Sponsor | Teamsters Local 710 | State of Iowa |
Teamsters Local 710 Pension Fund has a stronger Pension Health Score of 97/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 9.3 percentage points (94.1% vs 84.8%). Teamsters Local 710 Pension Fund covers 634,861 participants.