States Are Struggling to Fund Pensions—Here’s Why

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Projects: Public Sector Retirement Systems
States Are Struggling to Fund Pensions—Here’s Why

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Today taxpayers are paying nearly twice as much to fund pensions as they did 10 years ago.

But on average, state pensions are only 71 percent funded – amounting to more than $1 trillion dollars in debt. The bill for this debt has crowded out public spending on schools, roads, and public safety.

How did we get here? Our video explains in less than two minutes.

Learn more about the state pension funding gap.

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Greg Mennis
Greg Mennis Principal Officer
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