States Are Struggling to Fund Pensions—Here’s Why
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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Issue Brief June 11, 2020
The State Pension Funding Gap: 2018
Data Visualization September 28, 2018