Wisconsin Retirement System (WRS) vs Texas County & District Retirement System (TCDRS)
Side-by-side pension health comparison from DOL and public plan data
Wisconsin Retirement System (WRS) (A) and Texas County & District Retirement System (TCDRS) (A) are close on the LakeQuality rubric. Funding ratios sit at 98% and 86% respectively — within a few points of each other.
With grades this close, the comparison turns on plan-specific factors: status (active vs frozen), participant maturity, sponsor financial health, and multi-year trajectory rather than the headline composite.
Verdict
Wisconsin Retirement System (WRS) has a stronger Pension Health Score of 86/100 (A) compared to Texas County & District Retirement System (TCDRS) at 81/100 (A). Funding ratios differ by 12.2 percentage points (98.4% vs 86.2%). Wisconsin Retirement System (WRS) covers 665,000 participants.
| Metric | Wisconsin Retirement System (WRS) | Texas County & District Retirement System (TCDRS) |
|---|---|---|
| Health Score Composite of funding ratio, trend, and PBGC risk | 86/100 (A)* | 81/100 (A) |
| Funding Ratio Assets as % of liabilities (100%+ is fully funded) | 98.4%* | 86.2% |
| Total Assets | $122.0B | $39.5B |
| Total Liabilities | $124.0B | $45.8B* |
| Unfunded Liability | $2.0B* | $6.3B |
| Participants | 665,000 | 385,000 |
| 1-Year Investment Return | 7.2%* | 6.6% |
| Plan Type | public | public |
| PBGC Risk Level | low | low |
| Sponsor | State of Wisconsin | Texas Counties |
Wisconsin Retirement System (WRS) has a stronger Pension Health Score of 86/100 (A) compared to Texas County & District Retirement System (TCDRS) at 81/100 (A). Funding ratios differ by 12.2 percentage points (98.4% vs 86.2%). Wisconsin Retirement System (WRS) covers 665,000 participants.