Pension Plans in Alabama — Ranked by Health Score
Alabama has 2 pension plans covering 310,000 participants. The average funding ratio is 68.8%, ranking #33 among all states. 2 plans are underfunded.
2
Total Plans
310,000
Participants
68.8%
Avg Funding
$43.0B
Total Assets
| # | Plan Name | Participants | Funding Ratio | Grade |
|---|---|---|---|---|
| 1 | Alabama Teachers Retirement System (TRS) | 178,000 | 68.2% | B |
| 2 | Alabama Employees Retirement System (ERS) | 132,000 | 69.8% | B |
Frequently Asked Questions
Alabama has 2 pension plans covering 310,000 participants, with combined assets of $43.0B against $62.5B in liabilities.
The average funding ratio across Alabama pension plans is 68.8%. 2 of 2 plans (100%) are considered underfunded.
Alabama Teachers Retirement System (TRS) is the top-rated plan in Alabama with a funding ratio of 68.2% and a Pension Health Grade of B.
Plans ranked by Pension Health Score: 50% funding ratio, 30% 3-year funding trend, 20% PBGC risk level.