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State Retirement Benefits & the Trillion Dollar Gap.

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Presentation on theme: "State Retirement Benefits & the Trillion Dollar Gap."— Presentation transcript:

1 State Retirement Benefits & the Trillion Dollar Gap

2 Tracking the fiscal conditions in the states www.pewcenteronthestates.org $1 trillion gap

3 Tracking the fiscal conditions in the states www.pewcenteronthestates.org Laggards in pension funding

4 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

5 General fund spending growth over 10 years SOURCE: National Association of State Budget Officers www.pewcenteronthestates.org

6

7 Tracking the fiscal conditions in the states www.pewcenteronthestates.org Unfunded pension liabilities, FY2008

8 Tracking the fiscal conditions in the states www.pewcenteronthestates.org Unfunded pension liabilities, FY2008

9 Tracking the fiscal conditions in the states www.pewcenteronthestates.org Unfunded pension liabilities, FY2008

10 Reforms in pensions www.pewcenteronthestates.org

11 Reforms in pensions www.pewcenteronthestates.org

12 www.PewCenterontheStates.org

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