The Best (and Worst) Funded Pensions in the U.S. - VoronoiThe Best (and Worst) Funded Pensions in the U.S.
Key takeaways
- The funded ratio compares a pension plan’s assets to its liabilities, showing how prepared each state is to meet its future retirement promises.
- A higher funded ratio means a pension plan has more assets set aside to cover future benefits, making it more financially secure.
- There are four states in “distressed status” with less than 60% funding: New Jersey, Illinois, Kentucky, and Mississppi.
