Special Report

States With the Best Retirement Funding

Michael B. Sauter

Source: SeanPavonePhoto / Getty Images

40. Pennsylvania
> Total 2015 retirement spending: $78.1 per capita ($998 million)
> State government employment: 153,200 (2.5% of total employment)
> Percent of pension currently funded: 52.6% (7th lowest)
> 2015 tax collections per capita: $2,821 (22nd highest)

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39. Arizona
> Total 2015 retirement spending: $78.1 per capita ($541 million)
> State government employment: 91,300 (3.2% of total employment)
> Percent of pension currently funded: 60.4% (15th lowest)
> 2015 tax collections per capita: $2,062 (11th lowest)

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38. Minnesota
> Total 2015 retirement spending: $79.8 per capita ($441 million)
> State government employment: 101,800 (3.4% of total employment)
> Percent of pension currently funded: 53.2% (8th lowest)
> 2015 tax collections per capita: $4,452 (5th highest)

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37. Louisiana
> Total 2015 retirement spending: $80.2 per capita ($375 million)
> State government employment: 85,500 (4.3% of total employment)
> Percent of pension currently funded: 59.7% (14th lowest)
> 2015 tax collections per capita: $2,076 (12th lowest)

Source: SeanPavonePhoto / Getty Images

36. South Carolina
> Total 2015 retirement spending: $81.4 per capita ($404 million)
> State government employment: 107,300 (5.1% of total employment)
> Percent of pension currently funded: 53.8% (10th lowest)
> 2015 tax collections per capita: $1,967 (8th lowest)