‘Serious Concern:’ Oklahoma Had the Sixth Lowest Pension Funding Percentage
From 2005-2010, the State of Oklahoma failed to consistently pay its annual pension contribution in full, according to a new analysis from the Pew Center on the States. In fiscal year 2010, the state pension system was 56 percent funded and faced a $16 billion funding gap. “Fiscally sustainable” pension systems should maintain at least [...]
