Special Report

States With the Best Retirement Funding

Michael B. Sauter

Source: SeanPavonePhoto / Getty Images

15. Texas
> Total 2015 retirement spending: $151.1 per capita ($4,210 million)
> State government employment: 409,200 (3.3% of total employment)
> Percent of pension currently funded: 73.0% (19th highest)
> 2015 tax collections per capita: $2,005 (9th lowest)

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14. Indiana
> Total 2015 retirement spending: $153.1 per capita ($1,016 million)
> State government employment: 116,200 (3.7% of total employment)
> Percent of pension currently funded: 63.0% (17th lowest)
> 2015 tax collections per capita: $2,628 (23rd lowest)

Source: Thinkstock

13. Montana
> Total 2015 retirement spending: $158.9 per capita ($166 million)
> State government employment: 27,800 (5.9% of total employment)
> Percent of pension currently funded: 71.2% (25th highest)
> 2015 tax collections per capita: $2,753 (23rd highest)

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12. Vermont
> Total 2015 retirement spending: $175.7 per capita ($110 million)
> State government employment: 19,100 (6.1% of total employment)
> Percent of pension currently funded: 64.3% (19th lowest)
> 2015 tax collections per capita: $4,861 (2nd highest)

Source: f11photo / Getty Images

11. Colorado
> Total 2015 retirement spending: $183.0 per capita ($1,014 million)
> State government employment: 126,700 (4.7% of total employment)
> Percent of pension currently funded: 46.0% (5th lowest)
> 2015 tax collections per capita: $2,348 (14th lowest)