Virginia Retirement System (VRS) vs School Employees Retirement System of Ohio (SERS)
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 School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 7.2 percentage points (75.1% vs 67.9%). Virginia Retirement System (VRS) covers 740,000 participants.
| Metric | Virginia Retirement System (VRS) | School Employees Retirement System of Ohio (SERS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B)* | 66/100 (B) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 75.1%* | 67.9% |
| Total Assets | $87.0B | $16.2B |
| Total Liabilities | $115.8B | $23.9B* |
| Unfunded Liability | $28.8B | $7.7B* |
| Participants | 740,000 | 218,000 |
| 1-Year Investment Return | 6.0%* | 5.3% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | moderate |
| Sponsor | State of Virginia | State of Ohio |
Virginia Retirement System (VRS) has a stronger Pension Health Score of 70/100 (B) compared to School Employees Retirement System of Ohio (SERS) at 66/100 (B). Funding ratios differ by 7.2 percentage points (75.1% vs 67.9%). Virginia Retirement System (VRS) covers 740,000 participants.