Florida is a national leader in saving enough to cover its pension bill—but it hasn’t yet put any money aside for future retiree health benefit costs. On the pension side, Florida is one of just five states that had a fully funded pension in 2006. It has been fiscally responsible, generally paying the full or close to the full amount of the annual required contribution to its pension system every year. Florida offers employees the choice of a defined contribution plan as an alternative to the more traditional defined benefit plan. It provides relatively modest retiree health and other nonpension benefits, paying $57 million for current retirees in 2006. The state would need to make an annual contribution of about three and a half times that amount to move toward full funding of its non-pension benefits.