Michigan’s public pensions are 80.1 percent government funded


Taxpayer contributions to Michigan’s public pension funds in 2018 amounted to 80.1 percent of the total, the 11th highest ratio among the 50 states, according to newly released data by the U.S. Census Bureau.

The total contributions for the state’s public pension plans amounted to $5.9 billion. Employee contributions stood at only $1.2 billion, while state contributions amounted to $1 billion and the local share was $3.8 billion.

The Census Bureau’s survey of the public pension plans includes revenues, assets and membership data. The survey indicated there were 297 pension funds administered by state governments and 5,123 funds managed by local governments.

The information covered the fiscal year ending June 30, 2018.

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2018 State, Local Government Funding of Public Pension Plans

RankStateTotal Pension Plan Contributions (in Thousands of Dollars)Employee Contributions (in Thousands of Dollars)State Government Contributions (in Thousands of Dollars)Local Government Contributions (in Thousands of Dollars)% of Contributions Paid by Government
1Utah$1,207,285$70,746$939,027$197,51294.14%
2Nevada$1,866,005$147,129$254,597$1,464,27992.12%
3New York$19,322,935$1,606,536$3,174,612$14,541,78791.69%
4Indiana$2,256,057$229,990$1,154,922$871,14589.81%
5Connecticut$4,114,024$675,852$2,795,722$642,45083.57%
6Tennessee$2,368,812$426,146$475,391$1,467,27482.01%
7Illinois$15,514,293$2,841,740$7,979,365$4,693,18881.68%
8Alaska$677,472$130,677$371,035$175,76180.71%
9West Virginia$914,696$177,647$497,399$239,64980.58%
10Georgia$4,877,430$958,455$2,759,062$1,159,91380.35%
11Michigan$5,945,118$1,182,097$1,008,024$3,754,99780.12%
12Florida$5,894,750$1,227,518$836,180$3,831,05279.18%
13Arkansas$1,139,444$239,329$774,343$125,77379.00%
14Delaware$378,932$81,516$234,104$63,31178.49%
15Pennsylvania$9,069,260$1,970,619$2,100,849$4,997,79278.27%
16Kentucky3,046,283$681,949$1,719,374$644,96077.61%
17Hawaii$1,103,727$252,686$639,128$211,91277.11%
18California$51,151,766$11,853,557$17,325,429$21,972,77976.83%
19Rhode Island$936,422$222,096$430,352$283,97476.28%
20Louisiana$3,708,212$897,275$1,106,554$1,704,38375.80%
21Virginia$4,338,574$1,093,292$715,841$2,529,44074.80%
22Maryland$4,031,817$1,058,759$2,053,181$919,87773.74%
23Oregon$2,230,099$638,258$415,045$1,176,79771.38%
24Oklahoma$1,750,424$513,563$611,460$625,40170.66%
25Washington$3,964,193$1,193,675$2,537,212$233,30669.89%
26Kansas$1,355,071$432,195$590,618$332,25868.11%
27New Jersey$6,534,947$2,098,015$4,421,771$15,16067.90%
28Maine$588,648$189,721$341,852$57,07467.77%
29Missouri$3,372,105$1,120,645$743,742$1,507,71966.77%
30New Hampshire$663,678$221,280$7,192$435,20566.66%
31Vermont$309,133$104,373$175,601$29,15866.24%
32Mississippi$1,625,444$573,310$409,466$642,66864.73%
33Colorado$2,791,640$992,590$755,093$1,043,95664.44%
34Alabama$2,111,114$773,298$221,293$1,116,52463.37%
35North Dakota$360,776$135,961$86,488$138,32662.31%
36Arizona$3,498,540$1,330,631$942,538$1,225,37161.97%
37South Carolina$2,501,085$953,237$729,078$818,77161.89%
38Idaho$638,002$246,105$107,182$284,71461.43%
39North Carolina$3,528,005$1,363,672$1,636,856$527,47761.35%
40Iowa$1,339,568$521,374$137,925$680,27061.08%
41Texas$13,753,246$5,463,091$2,736,944$5,553,21060.28%
42Nebraska$842,345$338,840$94,972$408,53359.77%
43Massachusetts$5,720,828$2,420,749$1,660,520$1,639,55957.69%
44New Mexico$1,303,479$566,202$323,750$413,52756.56%
45Minnesota$2,616,763$1,171,633$318,076$1,127,05555.23%
46Ohio$7,773,216$3,481,546$2,220,463$2,071,20755.21%
47Wyoming$373,636$170,404$164,966$38,26554.39%
48Wisconsin$2,182,595$1,014,894$324,777$842,92353.50%
49South Dakota$273,899$128,477$49,302$96,12053.09%
50Montana$614,775$295,298$199,440$120,03751.97%
Source: U.S. Census Bureau

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