How Well-Funded are Pension Plans in Your State? Fiscal Year 2016

Click to Enlarge

How Well-Funded are Pension Plans in Your State? Fiscal Year 2016

Lower funded ratios indicate when a state’s pension plan is not adequately funded, while higher funded ratios are evident in states whose pension assets are keeping relatively good pace with accrued liabilities.  Pension plans in Wisconsin, South Dakota, and Tennessee are in the best shape, with funded ratios of 99%, 97%, and 94%, respectively. On the other end of the spectrum, states with the most strain on their pension plans are New Jersey and Kentucky (both only about 31% funded), and Illinois, with a plan that is 36% funded.

Source: Tax Foundation

Click Here for Your Long Term Care Insurance Quotes

 freeltcquotes