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U.S. State Pension Funding Ratios Declined in 2011
Bloomberg Link to more items from this source
Sept. 11, 2012
"Public pension funds in 16 states and the District of Columbia last year had assets of 80 percent or more of what is need to pay promised benefits to retirees, down from 18 in 2010, Loop Capital Markets said. The median ratio of assets to liabilities for 149 state-level pensions dropped to 73 percent in 2011 from 76 percent the year before as a slowing global economy and the European debt crisis damped investment returns and more states failed to meet annual contribution requirements, Loop said today in a report."

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