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Monday, December 23, 2024

Vermont ranks 49th nationwide in public pension contributions in 2021

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Lt. Governor David Zuckerman | twitter.com

Lt. Governor David Zuckerman | twitter.com

Vermont received $357,323 in public pension contributions, ranking it 49th in the United States in 2021, according to data obtained from the U.S. Census Bureau's Annual Survey of Public Pensions.

Of that amount, $335,528 was in state pension funds, and the remaining $21,795 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 2021
RankStateTotal Contributions
1California$55,766,059
2New York$19,556,787
3Illinois$18,187,945
4Texas$12,600,860
5Pennsylvania$11,777,352
6New Jersey$9,289,126
7Ohio$8,576,285
8Massachusetts$7,482,510
9Florida$6,808,519
10Connecticut$6,018,744
11Michigan$5,759,488
12Georgia$5,112,772
13Arizona$5,005,667
14North Carolina$4,665,981
15Virginia$4,648,157
16Maryland$4,272,096
17Washington$4,207,030
18Louisiana$3,795,514
19Missouri$3,629,838
20Kentucky$3,602,782
21Colorado$3,500,942
22South Carolina$3,055,518
23Oregon$2,998,262
24Minnesota$2,929,342
25Indiana$2,845,417
26Wisconsin$2,398,812
27Alabama$2,307,730
28Tennessee$1,907,784
29Oklahoma$1,796,962
30Mississippi$1,787,345
31Iowa$1,514,266
32New Mexico$1,469,321
33Hawaii$1,436,844
34Kansas$1,366,063
35Nevada$1,356,268
36Utah$1,299,246
37Arkansas$1,209,979
38Rhode Island$966,259
39West Virginia$918,955
40Alaska$887,793
41Nebraska$802,469
42Idaho$756,595
43New Hampshire$724,874
44Montana$611,677
45Maine$525,333
46Delaware$479,736
47North Dakota$407,153
48Wyoming$384,868
49Vermont$357,323
50South Dakota$287,115

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