Virginia Retirement System (VRS) vs State Universities Retirement System of Illinois (SURS)
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 State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 31.0 percentage points (75.1% vs 44.1%). Virginia Retirement System (VRS) covers 740,000 participants.
| Metric | Virginia Retirement System (VRS) | State Universities Retirement System of Illinois (SURS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B)* | 42/100 (D) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 75.1%* | 44.1% |
| Total Assets | $87.0B | $22.5B |
| Total Liabilities | $115.8B | $51.0B* |
| Unfunded Liability | $28.8B | $28.5B* |
| Participants | 740,000 | 218,000 |
| 1-Year Investment Return | 6.0%* | 5.1% |
| Plan Type | public | public |
| PBGC Risk Level | moderate | critical |
| Sponsor | State of Virginia | State of Illinois |
Virginia Retirement System (VRS) has a stronger Pension Health Score of 70/100 (B) compared to State Universities Retirement System of Illinois (SURS) at 42/100 (D). Funding ratios differ by 31.0 percentage points (75.1% vs 44.1%). Virginia Retirement System (VRS) covers 740,000 participants.