Virginia Retirement System (VRS) vs Central States, Southeast & Southwest Areas Pension Fund
Side-by-side pension health comparison from DOL and public plan data
Verdict
Virginia Retirement System (VRS) has a stronger Pension Health Score of 70/100 (B) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 53.1 percentage points (75.1% vs 22.0%). Virginia Retirement System (VRS) covers 740,000 participants.
| Metric | Virginia Retirement System (VRS) | Central States, Southeast & Southwest Areas Pension Fund |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B)* | 29/100 (F) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 75.1%* | 22.0% |
| Total Assets | $87.0B | $9.5B |
| Total Liabilities | $115.8B | $43.2B* |
| Unfunded Liability | $28.8B* | $33.7B |
| Participants | 740,000 | 380,000 |
| 1-Year Investment Return | 6.0%* | 4.5% |
| Plan Type | public | multiemployer |
| PBGC Risk Level | moderate | critical |
| Sponsor | State of Virginia | Teamsters Central States |
Virginia Retirement System (VRS) has a stronger Pension Health Score of 70/100 (B) compared to Central States, Southeast & Southwest Areas Pension Fund at 29/100 (F). Funding ratios differ by 53.1 percentage points (75.1% vs 22.0%). Virginia Retirement System (VRS) covers 740,000 participants.