Special Report

States With the Best Retirement Funding

Michael B. Sauter

Source: SeanPavonePhoto / Getty Images

25. Virginia
> Total 2015 retirement spending: $109.1 per capita ($918 million)
> State government employment: 159,900 (4.0% of total employment)
> Percent of pension currently funded: 72.4% (20th highest)
> 2015 tax collections per capita: $2,450 (18th lowest)

Source: SeanPavonePhoto / Getty Images

24. Washington
> Total 2015 retirement spending: $110.4 per capita ($805 million)
> State government employment: 162,000 (4.7% of total employment)
> Percent of pension currently funded: 84.0% (9th highest)
> 2015 tax collections per capita: $2,879 (21st highest)

Source: Thinkstock

23. Missouri
> Total 2015 retirement spending: $119.9 per capita ($731 million)
> State government employment: 103,300 (3.6% of total employment)
> Percent of pension currently funded: 76.7% (16th highest)
> 2015 tax collections per capita: $1,965 (7th lowest)

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22. West Virginia
> Total 2015 retirement spending: $121.6 per capita ($223 million)
> State government employment: 48,600 (6.4% of total employment)
> Percent of pension currently funded: 71.9% (23rd highest)
> 2015 tax collections per capita: $3,018 (17th highest)

Source: SeanPavonePhoto / Getty Images

21. Maryland
> Total 2015 retirement spending: $122.8 per capita ($739 million)
> State government employment: 110,000 (4.0% of total employment)
> Percent of pension currently funded: 64.9% (20th lowest)
> 2015 tax collections per capita: $3,330 (12th highest)