Special Report

States With the Best Retirement Funding

Michael B. Sauter

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45. Mississippi
> Total 2015 retirement spending: $52.9 per capita ($158 million)
> State government employment: 59,300 (5.1% of total employment)
> Percent of pension currently funded: 57.5% (11th lowest)
> 2015 tax collections per capita: $2,641 (24th lowest)

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44. Kansas
> Total 2015 retirement spending: $59.4 per capita ($173 million)
> State government employment: 51,900 (3.7% of total employment)
> Percent of pension currently funded: 65.1% (21st lowest)
> 2015 tax collections per capita: $2,708 (25th highest)

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43. Kentucky
> Total 2015 retirement spending: $62.8 per capita ($279 million)
> State government employment: 95,100 (4.9% of total employment)
> Percent of pension currently funded: 31.4% (2nd lowest)
> 2015 tax collections per capita: $2,621 (21st lowest)

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42. Idaho
> Total 2015 retirement spending: $73.0 per capita ($123 million)
> State government employment: 30,400 (4.1% of total employment)
> Percent of pension currently funded: 87.7% (7th highest)
> 2015 tax collections per capita: $2,402 (15th lowest)

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41. Iowa
> Total 2015 retirement spending: $73.5 per capita ($231 million)
> State government employment: 68,000 (4.3% of total employment)
> Percent of pension currently funded: 81.6% (10th highest)
> 2015 tax collections per capita: $2,942 (19th highest)