Which States Have the Most Underfunded Pensions?

Pension funding is a hot topic in the political world. Retirees who have worked their entire lives end up retiring with very little to their name or have a very difficult time accessing their funds. These problems vary from state to state, with underfunded pensions accounting for the worst.

Many states promise a certain amount for public employee retirement benefits, but don’t deliver in the end. According to this post from State Budget Solutions, last year’s unfunded pensions reached an all-time high of $4.7 trillion. This funding gap is affecting every state, but for some it hits harder than others.

Let’s take a look at some of states with the most underfunded pensions, according to Bloomberg.com.

Read more at the source link below.

Ira Wray

We Met In The Air, Baton Rouge LA 70806

Yes indeed.