Virginia Retirement System (VRS) vs University of California Retirement Plan
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 Virginia Retirement System (VRS) at 70/100 (B). Funding ratios differ by 8.4 percentage points (83.5% vs 75.1%). University of California Retirement Plan covers 305,000 participants.
| Metric | Virginia Retirement System (VRS) | University of California Retirement Plan |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 70/100 (B) | 78/100 (B)* |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 75.1% | 83.5%* |
| Total Assets | $87.0B | $82.0B |
| Total Liabilities | $115.8B | $98.2B* |
| Unfunded Liability | $28.8B | $16.2B* |
| Participants | 740,000 | 305,000 |
| 1-Year Investment Return | 6.0% | 7.2%* |
| Plan Type | public | public |
| PBGC Risk Level | moderate | low |
| Sponsor | State of Virginia | University of California |
University of California Retirement Plan has a stronger Pension Health Score of 78/100 (B) compared to Virginia Retirement System (VRS) at 70/100 (B). Funding ratios differ by 8.4 percentage points (83.5% vs 75.1%). University of California Retirement Plan covers 305,000 participants.