Every State’s Pension Crisis Ranked – Page 6

Special Report

December 4, 2020 9:00 am

Last Updated: December 4, 2020 11:46 am

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30. Missouri
> Funded ratio: 77.8%
> Total pension shortfall: $16.6 billion shortfall (21st largest)
> Gov’t workers as share of total workforce: 13.1% (17th lowest)
> Avg. annual payout per public retiree: $23,582 (25th highest)

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29. Ohio
> Funded ratio: 75.8%
> Total pension shortfall: $50.0 billion shortfall (6th largest)
> Gov’t workers as share of total workforce: 12.6% (12th lowest)
> Avg. annual payout per public retiree: $31,861 (10th highest)

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28. Nevada
> Funded ratio: 75.3%
> Total pension shortfall: $13.7 billion shortfall (25th smallest)
> Gov’t workers as share of total workforce: 10.3% (2nd lowest)
> Avg. annual payout per public retiree: $34,926 (4th highest)

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27. Montana
> Funded ratio: 72.6%
> Total pension shortfall: $4.4 billion shortfall (13th smallest)
> Gov’t workers as share of total workforce: 16.0% (10th highest)
> Avg. annual payout per public retiree: $20,225 (11th lowest)

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26. Alabama
> Funded ratio: 71.9%
> Total pension shortfall: $15.2 billion shortfall (22nd largest)
> Gov’t workers as share of total workforce: 16.3% (9th highest)
> Avg. annual payout per public retiree: $23,091 (22nd lowest)

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