Sunday, May 1, 2011

Ten States Where Pensions Are Running Out Of Money

http://247wallst.com/2011/04/29/ten-states-where-pensions-are-running-out-of-money/

10. Pennsylvania
> Pension Liability: $111 billion
> Percent of Pensions Funded: 81% (17th highest)
> 2009 Actuarially Recommended Contribution: $2 billion
> 2009 Actual Contribution: 31% (lowest)

9. Maryland
> Pension Liability: $53 billion
> Percent of Pensions Funded: 65% (11th lowest)
> 2009 Actuarially Recommended Contribution: $1 billion
> 2009 Actual Contribution: 84% (16th lowest)

8. Colorado
> Pension Liability: $55 billion
> Percent of Pensions Funded: 69% (17th lowest)
> 2009 Actuarially Recommended Contribution: $1 billion
> 2009 Actual Contribution: 66% (5th lowest)

7. Massachusetts
> Pension Liability: $61 billion
> Percent of Pensions Funded: 68% (16th lowest)
> 2009 Actuarially Recommended Contribution: $2 billion
> 2009 Actual Contribution: 66% (5th lowest)

6. Kansas
> Pension Liability: $21 billion
> Percent of Pensions Funded: 64% (10th lowest)
> 2009 Actuarially Recommended Contribution: $660 million
> 2009 Actual Contribution: 68% (7th lowest)

5. Oklahoma
> Pension Liability: $35 billion
> Percent of Pensions Funded: 57% (3rd lowest)
> 2009 Actuarially Recommended Contribution: $1 billion
> 2009 Actual Contribution: 77% (11th lowest)

4. New Jersey
> Pension Liability: $135 billion
> Percent of Pensions Funded: 66% (12th lowest)
> 2009 Actuarially Recommended Contribution: $4 billion
> 2009 Actual Contribution: 36% (2nd lowest)

3. New Hampshire
> Pension Liability: $8 billion
> Percent of Pensions Funded: 58% (4th lowest)
> 2009 Actuarially Recommended Contribution: $263 million
> 2009 Actual Contribution: 75% (10th lowest)

2. Illinois
> Pension Liability: $126 billion
> Percent of Pensions Funded: 51% (lowest)
> 2009 Actuarially Recommended Contribution: $4 billion
> 2009 Actual Contribution: 71% (8th lowest)

1. Kentucky
> Pension Liability: $36 billion
> Percent of Pensions Funded: 58% (4th lowest)
> 2009 Actuarially Recommended Contribution: $965 million
> 2009 Actual Contribution: 58% (3rd lowest)


No comments:

Post a Comment