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Friday, November 1, 2024

South Dakota ranks 50th nationwide in public pension contributions in 2020

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South Dakota Governor Kristi Noem | Wikipedia

South Dakota Governor Kristi Noem | Wikipedia

South Dakota received $282,324 in public pension contributions, ranking it 50th in the United States in 2020, according to data obtained from the U.S. Census Bureau's Annual Survey of Public Pensions.

Of that amount, $263,224 was in state pension funds, and the remaining $19,100 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 2020
RankStateTotal Contributions
1California$58,883,027
2New York$19,663,315
3Illinois$16,827,476
4Texas$13,592,808
5Pennsylvania$10,653,926
6Ohio$8,472,486
7New Jersey$8,133,543
8Massachusetts$7,106,868
9Florida$6,241,134
10Georgia$5,309,685
11Michigan$5,302,563
12Virginia$4,352,797
13North Carolina$4,195,414
14Maryland$4,166,922
15Arizona$4,149,749
16Washington$4,028,235
17Connecticut$3,953,858
18Louisiana$3,747,481
19Kentucky$3,593,147
20Missouri$3,530,627
21Colorado$3,461,440
22Oregon$3,238,881
23South Carolina$3,021,766
24Minnesota$2,832,872
25Alabama$2,293,425
26Wisconsin$2,251,854
27Indiana$2,145,720
28Oklahoma$1,913,324
29Tennessee$1,900,884
30Mississippi$1,789,807
31Kansas$1,558,188
32Iowa$1,474,741
33New Mexico$1,446,097
34Hawaii$1,385,987
35Nevada$1,272,260
36Utah$1,251,050
37Arkansas$1,177,244
38West Virginia$961,607
39Rhode Island$917,866
40Nebraska$903,360
41Alaska$810,406
42Idaho$726,342
43New Hampshire$702,313
44Maine$695,093
45Montana$587,539
46Delaware$468,704
47North Dakota$385,182
48Wyoming$364,251
49Vermont$355,252
50South Dakota$282,324

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