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Friday, November 22, 2024

Vermont holds the 49th rank nationally for pension contributions in 2019

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Lt. Governor David Zuckerman | twitter.com

Lt. Governor David Zuckerman | twitter.com

Vermont received $325,811 in public pension contributions, ranking it 49th in the United States in 2019, according to data obtained from the U.S. Census Bureau's Annual Survey of Public Pensions.

Of that amount, $304,667 was in state pension funds, and the remaining $21,144 was in local government pension funds.

The survey includes public pensions sponsored by local and state government entities with employees who are compensated with public funds. The local governments include counties. townships, township, school districts and special districts.

The data gathered includes revenues, expenditures, financial assets, membership, and liabilities information.

U.S. Total Contributions by State in 2019
RankStateTotal Contributions
1California$50,701,870
2New York$19,866,017
3Illinois$15,976,232
4Texas$13,062,381
5Pennsylvania$10,604,546
6Ohio$8,413,132
7New Jersey$7,440,813
8Massachusetts$5,857,595
9Florida$5,694,490
10Michigan$5,593,654
11Georgia$5,090,765
12Washington$4,466,199
13Connecticut$4,437,814
14Virginia$4,335,815
15Maryland$4,102,868
16North Carolina$4,022,846
17Arizona$3,654,532
18Louisiana$3,652,898
19Missouri$3,440,602
20Kentucky$3,435,905
21Colorado$3,285,657
22Minnesota$3,134,376
23South Carolina$2,753,012
24Oregon$2,613,079
25Indiana$2,301,860
26Wisconsin$2,208,139
27Alabama$2,158,858
28Tennessee$2,011,149
29Nevada$1,977,076
30Oklahoma$1,886,016
31Mississippi$1,641,503
32Kansas$1,624,789
33Iowa$1,458,640
34New Mexico$1,309,246
35Utah$1,208,207
36Hawaii$1,195,859
37Arkansas$1,163,218
38West Virginia$921,383
39Nebraska$889,001
40Rhode Island$870,755
41Alaska$791,008
42New Hampshire$683,676
43Idaho$660,912
44Maine$616,486
45Montana$565,309
46Delaware$450,229
47North Dakota$366,902
48Wyoming$337,469
49Vermont$325,811
50South Dakota$278,159

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