Every State’s Pension Crisis Ranked – Page 4

Special Report

December 4, 2020 9:00 am

Last Updated: December 4, 2020 11:46 am

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40. Maine
> Funded ratio: 84.5%
> Total pension shortfall: $2.7 billion shortfall (7th smallest)
> Gov’t workers as share of total workforce: 13.4% (21st lowest)
> Avg. annual payout per public retiree: $21,524 (18th lowest)

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39. Iowa
> Funded ratio: 83.6%
> Total pension shortfall: $6.5 billion shortfall (18th smallest)
> Gov’t workers as share of total workforce: 15.3% (14th highest)
> Avg. annual payout per public retiree: $17,855 (5th lowest)

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38. West Virginia
> Funded ratio: 82.3%
> Total pension shortfall: $3.4 billion shortfall (9th smallest)
> Gov’t workers as share of total workforce: 17.8% (6th highest)
> Avg. annual payout per public retiree: $17,290 (4th lowest)

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37. Oregon
> Funded ratio: 82.1%
> Total pension shortfall: $15.1 billion shortfall (24th largest)
> Gov’t workers as share of total workforce: 13.9% (25th highest)
> Avg. annual payout per public retiree: $33,397 (6th highest)

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36. Minnesota
> Funded ratio: 81.8%
> Total pension shortfall: $15.2 billion shortfall (23rd largest)
> Gov’t workers as share of total workforce: 13.2% (19th lowest)
> Avg. annual payout per public retiree: $18,256 (6th lowest)

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