Utah Retirement Systems

Utah Retirement Systems

Administers public pension and retirement plans

Overview

Utah Retirement Systems administers retirement benefits and health insurance for Utah’s public employees. It pools eight defined benefit pension plans with several defined contribution options (including 401(k), 457, and IRAs) and oversees PEHP Health & Benefits for medical, dental, and life coverage. Benefits are paid from trust funds to 250,000+ members across 700+ employers, funded by employee and employer contributions and investment earnings. A seven-member board governs URS, appoints the executive director, and the Tier II plan from 2010 helps maintain long-term solvency.

About Utah Retirement Systems

Simplify's Rating
Why Utah Retirement Systems is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Government & Public Sector

Financial Services

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

Salt Lake City, Utah

Founded

1963

Get referred to Utah Retirement Systems

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Utah enacted Retirement Plan Exchange law on March 24, 2026, expanding URS relevance.
  • URS reduced its backlog to about 16 cases by early 2026.
  • June 2026 board materials show active operations, while maintenance and portal upgrades continue.

What critics are saying

  • URS said a manual process and IT modernization caused 2025 retirement backlogs.
  • A March 30, 2026 myURS launch risks processing errors and member-service disruptions.
  • Public pension losses or benefit-expansion pressure would hit a trust-fund dependent employer model.

What makes Utah Retirement Systems unique

  • URS administers Utah’s statewide pension stack for 700-plus public employers.
  • PEHP bundles health, dental, and life coverage with retirement administration.
  • Tier II, created in 2010, gives Utah unusually disciplined pension design.

Help us improve and share your feedback! Did you find this helpful?

Company News

ETFDailyNews.com
Mar 7th, 2024
AQR Capital Management LLC Lowers Stake in Hudson Pacific Properties, Inc. (NYSE:HPP)

Finally, Utah Retirement Systems purchased a new stake in Hudson Pacific Properties in the first quarter worth about $216,000.

Recently Posted Jobs

Sign up to get curated job recommendations

Utah Retirement Systems is Hiring for 3 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →