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 #35 among all states. 2 plans are underfunded.
Alabama has 2 pension plans in our dataset, ranked below by the LakeQuality pension-health composite. The score combines current funding ratio (50%), multi-year funding trend (30%), and PBGC risk classification (20%) into a 0-100 grade.
Top-of-list plans usually combine funded ratios at or above 90% with stable multi-year trajectories and low PBGC risk. Public-sector teacher and employee retirement systems dominate the top rankings in many states because their large asset bases support institutional investment management. Each plan below links to its full profile — multi-year funding history, participant demographics, sponsor financials where available, and the underlying factors driving the composite grade.
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.