Percentage of

State budget in Budget Budget Credit total state

State billions Year per capita rating Pension liability 2016 budget
New Jersey $ 34,700,000,000 2018 $ 3,853 A- $ 168,243,046,000 485%
Mississippi $ 6,000,000,000 2018 $ 2,011 AA $ 18,050,477,000 301%
Pennsylvania $ 32,000,000,000 2018 $ 2,499 AA- $ 68,816,827,000 215%
Connecticut $ 20,500,000,000 2018 $ 5,713 AA- $ 37,451,820,000 183%
Colorado $ 28,800,000,000 2018 $ 5,136 AA $ 50,842,057,000 177%
Illinois $ 85,100,000,000 2018 $ 6,647 BBB $ 141,168,616,000 166%
Oklahoma $ 6,800,000,000 2018 $ 1,730 AA+ $ 10,937,479,001 161%
Minnesota $ 40,100,000,000 2019 $ 7,182 AA+ $ 50,908,860,000 127%
Kentucky $ 34,800,000,000 2018 $ 7,813 A+ $ 43,418,406,000 125%
West Virginia $ 4,200,000,000 2018 $ 2,313 AA- $ 5,132,885,000 122%
Georgia $ 25,000,000,000 2018 $ 2,397 AAA $ 25,772,793,000 103%
Massachusetts $ 40,200,000,000 2018 $ 5,860 AA+ $ 38,496,732,000 96%
California $ 183,300,000,000 2018 $ 4,636 AA- $ 168,016,231,000 92%
New Hampshire $ 5,900,000,000 2018 $ 4,394 AA $ 5,364,665,000 91%
South Carolina $ 27,400,000,000 2018 $ 5,453 AA+ $ 24,117,075,000 88%
Hawaii $ 15,400,000,000 2018 $ 10,788 AA+ $ 13,369,255,000 87%
Ohio $ 65,700,000,000 2018 $ 5,635 AA+ $ 56,540,798,000 86%
Alaska $ 10,100,000,000 2018 $ 13,652 AA+ $ 7,948,518,001 79%
Iowa $ 8,500,000,000 2018 $ 2,702 AAA $ 6,498,400,000 76%
New Mexico $ 18,200,000,000 2017 $ 8,716 AA+ $ 13,493,803,000 74%
Arizona $ 39,000,000,000 2018 $ 5,559 AA $ 26,670,393,001 68%
Louisiana $ 32,700,000,000 2018 $ 6,981 AA $ 20,680,089,000 63%
Kansas $ 15,900,000,000 2017 $ 5,458 AA- $ 9,218,106,000 58%
Maryland $ 43,600,000,000 2018 $ 7,204 AAA $ 24,708,612,000 57%
Missouri $ 27,900,000,000 2018 $ 4,564 AAA $ 15,728,395,000 56%
Michigan $ 56,500,000,000 2018 $ 5,671 AA- $ 31,600,094,000 56%
Rhode Island $ 9,300,000,000 2018 $ 8,777 AA $ 5,142,711,000 55%
Alabama $ 30,700,000,000 2018 $ 6,298 AA $ 16,778,272,000 55%
Texas $ 108,700,000,000 2018 $ 3,840 AAA $ 59,033,734,000 54%
Indiana $ 33,600,000,000 2018 $ 5,040 AAA $ 17,742,533,000 53%
Nevada $ 26,300,000,000 2019 $ 8,772 AA $ 13,480,563,000 51%
North Carolina $ 23,000,000,000 2018 $ 2,239 AAA $ 11,518,507,000 50%
Delaware $ 4,100,000,000 2018 $ 4,262 AAA $ 2,050,157,000 50%
Virginia $ 51,800,000,000 2018 $ 6,116 AAA $ 25,288,506,000 49%
Maine $ 8,300,000,000 2017 $ 6,213 AA $ 3,640,644,000 44%
Florida $ 92,500,000,000 2018 $ 4,408 AAA $ 36,904,664,000 40%
Wyoming $ 9,000,000,000 2018 $ 15,536 AAA $ 2,816,878,000 31%
Montana $ 13,200,000,000 2019 $ 12,566 AA $ 4,070,869,000 31%
Utah $ 16,200,000,000 2018 $ 5,223 AAA $ 4,650,579,000 29%
Vermont $ 7,800,000,000 2018 $ 12,507 AA+ $ 2,100,157,001 27%
Idaho $ 7,900,000,000 2018 $ 4,601 AA+ $ 1,997,185,001 25%
Arkansas $ 31,800,000,000 2018 $ 10,585 AA $ 7,174,290,000 23%
Oregon $ 75,700,000,000 2019 $ 18,273 AA+ $ 15,012,300,000 20%
North Dakota $ 13,500,000,000 2019 $ 18,273 AA+ $ 2,433,510,000 18%
Nebraska $ 9,100,000,000 2018 $ 4,739 AAA $ 1,515,850,000 17%
Washington $ 99,400,000,000 2019 $ 13,422 AA+ $ 14,432,804,000 15%
New York $ 171,000,000,000 2019 $ 8,615 AA+ $ 19,011,066,000 11%
South Dakota $ 4,600,000,000 2018 $ 5,289 AAA $ 337,790,000 7%
Tennessee $ 37,000,000,000 2018 $ 5,509 AAA $ 2,711,518,000 7%
Wisconsin $ 37,100,000,000 2018 $ 6,402 AA $ 852,849,000 2%