Special Report
Every State’s Pension Crisis, Ranked
November 15, 2018 1:39 pm
Last Updated: March 20, 2020 1:58 pm
35. Missouri
> Funded ratio: 76.7%
> Total pension shortfall: $15.7 billion (24th largest)
> Gov’t workers as share of total workforce: 13.2% (17th lowest)
> Avg. annual payout per public retiree: $23,074 (23rd lowest)
34. Georgia
> Funded ratio: 75.8%
> Total pension shortfall: $25.8 billion (15th largest)
> Gov’t workers as share of total workforce: 13.2% (16th lowest)
> Avg. annual payout per public retiree: $27,752 (12th highest)
33. Wyoming
> Funded ratio: 73.3%
> Total pension shortfall: $2.8 billion (9th smallest)
> Gov’t workers as share of total workforce: 22.3% (the highest)
> Avg. annual payout per public retiree: $18,305 (8th lowest)
32. Texas
> Funded ratio: 73.0%
> Total pension shortfall: $59.0 billion (5th largest)
> Gov’t workers as share of total workforce: 14.2% (24th highest)
> Avg. annual payout per public retiree: $23,236 (24th lowest)
31. Virginia
> Funded ratio: 72.4%
> Total pension shortfall: $25.3 billion (16th largest)
> Gov’t workers as share of total workforce: 13.6% (21st lowest)
> Avg. annual payout per public retiree: $22,544 (22nd lowest)
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