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State Retirement Benefits & the Trillion Dollar Gap
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
$1 trillion gap
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Laggards in pension funding
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
5 percent funded
Twenty states had set aside no money for retiree health care and other benefits
General fund spending growth over 10 years
Public Assist. Higher Ed. K-12 Total Corrections Transport. Medicaid0%
10%20%30%40%50%60%70%80%90%
9.9
40.9
61.2 63 66.671 77.4
Spending Category
Public Assist. Higher Ed. K-12 Total Corrections Transport. Medicaid
SOURCE: National Association of State Budget Officers
www.pewcenteronthestates.org
www.pewcenteronthestates.org
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Unfunded pension liabilities, FY2008
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Unfunded pension liabilities, FY2008
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Unfunded pension liabilities, FY2008
Reforms in pensions
www.pewcenteronthestates.org
Reforms in pensions
www.pewcenteronthestates.org
www.PewCenterontheStates.org
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