According to a report by the American Enterprise Institute, public pensions are underfunded by more than $3 trillion.
PENSION BENEFITS Unfunded Liability by $30 Billion or More:
California PERF: $234 BILLION
California Teachers: $165 Bilion
Texas Teachers: $118 Billion
Florida Retirement Sysytem: $99 Billion
NY State and Local ERS: $97 Billion
Illinois Teacher: $96 Billion
Ohio Teacher: $94 Billion
Pennsylvani School Employees: $76 Billion
NY State Teachers: $68 Billion
Ohio PERS: $64 Billion
Wisconsin Retirement System $63 Billion
New Jersey Teachers: $61 Billion
Michigan Public Schools: $60 Billion
New York Teachers: $55 Billion
Virgina Retirement System: $54 Billion
New York City ERS: $48 Billion
Massachusetts Teachers: $48 Billion
Georgia Tecahers: $45 Billion
Oregon PERS: $42 Billion
Pennsylvania ERS: 38 Billion
Missouri PERS: $38 Billion
NOrth Carolina Teachers: $37 Billion
Missouri Teachers: $36 Billion
Illinois SERS: $36 Billion
New Jersey Police and Fire Fighters: $36 Billion
Illinois University: $35 Billion
Arizona SRS: $35 Billion
LA County ERS: $33 Billion
South Carolina Retirement System: $33 Billion
Mississippi PERS: $32 Billion
Maryland Teachers: $30 Billion
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