Texas County & District Retirement System (TCDRS) vs Iowa Public Employees Retirement System (IPERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
Texas County & District Retirement System (TCDRS) has a stronger Pension Health Score of 81/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 1.4 percentage points (86.2% vs 84.8%). Texas County & District Retirement System (TCDRS) covers 385,000 participants.
| Metric | Texas County & District Retirement System (TCDRS) | Iowa Public Employees Retirement System (IPERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 81/100 (A)* | 80/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 86.2%* | 84.8% |
| Total Assets | $39.5B | $35.5B |
| Total Liabilities | $45.8B | $41.9B* |
| Unfunded Liability | $6.3B* | $6.4B |
| Participants | 385,000 | 372,000 |
| 1-Year Investment Return | 6.6%* | 6.4% |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | Texas Counties | State of Iowa |
Texas County & District Retirement System (TCDRS) has a stronger Pension Health Score of 81/100 (A) compared to Iowa Public Employees Retirement System (IPERS) at 80/100 (A). Funding ratios differ by 1.4 percentage points (86.2% vs 84.8%). Texas County & District Retirement System (TCDRS) covers 385,000 participants.