state retirement benefits & the trillion dollar gap
Post on 21-Dec-2015
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![Page 1: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/1.jpg)
State Retirement Benefits & the Trillion Dollar Gap
![Page 2: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/2.jpg)
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
$1 trillion gap
![Page 3: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/3.jpg)
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Laggards in pension funding
![Page 4: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/4.jpg)
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
![Page 5: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/5.jpg)
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
![Page 6: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/6.jpg)
www.pewcenteronthestates.org
![Page 7: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/7.jpg)
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Unfunded pension liabilities, FY2008
![Page 8: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/8.jpg)
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Unfunded pension liabilities, FY2008
![Page 9: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/9.jpg)
Tracking the fiscal conditions in the states
www.pewcenteronthestates.org
Unfunded pension liabilities, FY2008
![Page 10: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/10.jpg)
Reforms in pensions
www.pewcenteronthestates.org
![Page 11: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/11.jpg)
Reforms in pensions
www.pewcenteronthestates.org
![Page 12: State Retirement Benefits & the Trillion Dollar Gap](https://reader036.vdocuments.site/reader036/viewer/2022081516/56649d6a5503460f94a49434/html5/thumbnails/12.jpg)
www.PewCenterontheStates.org