Utah Retirement Systems

Utah Retirement Systems

Utah public pension fund administrator

Overview

Utah Retirement Systems manages retirement benefits and health insurance for Utah public employees. It administers defined benefit pension plans and defined contribution accounts (such as 401(k), 457, and IRA) for members across more than 700 employers and over 250,000 participants, and it operates PEHP Health & Benefits for medical, dental, and life insurance. The organization runs a unified public pension fund with a seven-member board and an executive director, overseeing long-range solvency measures including Tier II for new employees. Its goal is to provide stable retirement security and related benefits for Utah public workers while ensuring the financial health of the system over the long term.

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

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Simplify's Take

What believers are saying

  • URS pension assets reached $53.3 billion in 2025, up 13%.
  • The 2024 valuation showed the Governors and Legislative Plan 94.9% funded.
  • AUREUS enables online withdrawals, rollovers, and Roth plans after March 30, 2026.

What critics are saying

  • AUREUS launches March 30, 2026, and blackout periods will disrupt employer transactions.
  • URS stopped accepting old paper forms June 1, 2026, raising service friction and adoption risk.
  • PEHP claim denials and appeal disputes, like Maggie Webb's 2022 lawsuit, damage trust.

What makes Utah Retirement Systems unique

  • URS administers Utah's statewide public-sector retirement stack for 700+ employers.
  • Its Tier II design, launched in 2010, structurally limits future pension generosity.
  • PEHP bundles retirement and health benefits under one public-benefits platform.

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Benefits

Health Insurance

Dental Insurance

Life Insurance

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.

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