COVID-19 Will Turn The State Pension Problem Into A Fiscal Crisis – WBEZ (Chicago)

Illinois, New Jersey and Kentucky all have less than 45% of the funds they’ll need...Given all of the fiscal uncertainty in states due to the fallout of COVID-19 — from exploding Medicaid and other health care spending to the collapse of state revenues — it is most likely that many states will again fail to make their full contribution to pensions over the next two years.