University of California Retirement Plan vs Pennsylvania State Employees Retirement System (SERS)
Side-by-side pension health comparison from DOL and public plan data
Verdict
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Pennsylvania State Employees Retirement System (SERS) at 57/100 (C). Funding ratios differ by 20.4 percentage points (83.5% vs 63.1%). University of California Retirement Plan covers 305,000 participants.
| Metric | University of California Retirement Plan | Pennsylvania State Employees Retirement System (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 78/100 (B)* | 57/100 (C) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 83.5%* | 63.1% |
| Total Assets | $82.0B | $36.2B |
| Total Liabilities | $98.2B | $57.4B* |
| Unfunded Liability | $16.2B* | $21.2B |
| Participants | 305,000 | 245,000 |
| 1-Year Investment Return | 7.2%* | 5.4% |
| Plan Type | public | public |
| PBGC Risk Level | low | high |
| Sponsor | University of California | State of Pennsylvania |
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Pennsylvania State Employees Retirement System (SERS) at 57/100 (C). Funding ratios differ by 20.4 percentage points (83.5% vs 63.1%). University of California Retirement Plan covers 305,000 participants.