Special Report

States With the Best Retirement Funding

Michael B. Sauter

Source: ivanastar / Getty Images

5. New Mexico
> Total 2015 retirement spending: $305.9 per capita ($637 million)
> State government employment: 54,300 (6.5% of total employment)
> Percent of pension currently funded: 65.4% (22nd lowest)
> 2015 tax collections per capita: $2,882 (20th highest)

Source: SeanPavonePhoto / Getty Images

4. Rhode Island
> Total 2015 retirement spending: $371.1 per capita ($392 million)
> State government employment: 16,100 (3.2% of total employment)
> Percent of pension currently funded: 53.7% (9th lowest)
> 2015 tax collections per capita: $3,026 (16th highest)

Source: rruntsch / Getty Images

3. North Dakota
> Total 2015 retirement spending: $524.6 per capita ($398 million)
> State government employment: 23,100 (5.4% of total employment)
> Percent of pension currently funded: 65.9% (23rd lowest)
> 2015 tax collections per capita: $7,583 (the highest)

Source: troutnut / Getty Images

2. Alaska
> Total 2015 retirement spending: $995.4 per capita ($738 million)
> State government employment: 23,800 (7.2% of total employment)
> Percent of pension currently funded: 62.7% (16th lowest)
> 2015 tax collections per capita: $1,170 (the lowest)

Source: Thinkstock

1. Wyoming
> Total 2015 retirement spending: $1527.8 per capita ($895 million)
> State government employment: 15,000 (5.3% of total employment)
> Percent of pension currently funded: 73.3% (18th highest)
> 2015 tax collections per capita: $4,020 (6th highest)