US State Pensions

This page contains detailed pages that cover all of the main pensions plans for retirement in each of the 50 US states. Each state contains valuable information about the largest plans in each state, details on eligibility, vesting periods, standard benefits, survivor benefit options, and news.

The ERS is the largest pension system, and provides benefits to state employees and state police

Alabama State Pension Plans

The Alaska PERS is designed to supplement the savings of Alaska public employees after retirement by providing pension benefits to members and their survivors

Alaska State Pensions

rizona offers several specialized pension plans for select groups of government employees

Arizona State Pension Plans

Contributory members contribute an additional 6% of their salary to their eventual retirement benefit

Arkansas State Pension Plans

Members contribute 8% of their gross monthly income to the retirement fund

Colorado State Pension Plans

Connecticut state government has recently began to take measures to address the state budgetary crisis in regard to pension plans

Connecticut State Pensions

In addition to these plans, Delaware also administers several municipal pension plans for local firefighting and law enforcement bodie

Delaware State Pensions

The biggest advantage of the investment plan is that it allows the employee to choose where the retirement funds are invested

Florida State Pensions

Membership in the Georgia ERS is extended to all full-time state employees. Full-time employees must work at least 35 hours per week and 9 months out of the year

Georgia State Pensions

The largest group is the Public Employees’ Retirement System (PERS) that looks after the pension benefits for the State employees and that of its political subdivisions

Government Employees of West Virginia State Pension Plan

Retirees until 2011, obtained cost of living adjustment coupled to inflation and limited to 3 percent of the initial $35,000 of their pension, or restricted to $1,050 yearly

Government Pension Plan for State of Rhode Island

The PEBA or the South Carolina Employee Benefit Authority oversees and administers the retirement plans for South Carolina’s Public Workforce. They control the pension fund contributions and disbursements with the active participation of the state’s public employers. They aim to offer an inclusive retirement plan that meets all the aspirations of the stakeholders

Government Pension Plan for the State of South Carolina

The TCRS or Tennessee Consolidated Retirement System is a distinct pension plan. It is for the benefit of state employees, higher education employees, K-12 public school teachers and employees of political subdivisions who may decide to contribute to this plan

Government Pension Plan for the State of Tennessee

The main plan offered to all state employees is the contributory plan, which is mandatory for all full-time employees

Hawaii State Pensions

Members in the PERSI plan are automatically enrolled once they enter into government employment

Idaho State Pensions

Teachers of public schools, universities and community colleges are also covered under this program

Iowa State Pensions for Retirement

Non-school public employees have mandatory enrollment in KPERS. An employee qualifies if they are a permanent employee covered by social security and works at least 1,000 hours per year

Kansas State Retirement Pensions

Benefits within each of the three state pension divisions are earned through employer, employee contributions and return on investments percentages

Kentucky State Retirement Pensions

The LASERS pension program is funded through a combination of employee contributions, employer contributions and earnings from investments

Louisiana State Pension for Retirement Income

Optional Retirement Program- guarantees state contributions to the fund of 7.25% and benefit amount is based on the amount accumulated through contributions

Maryland State Pension

Ordinary and accidental disability- vesting is required for ordinary disability benefits but accidental disability requires no vesting period to apply.

Massachusetts State Pensions

Employer contributions are vested 50% after two years of employment, 75% after 3 years and 100% from 4 years and on

Michigan State Pensions

Separate from the main state plan is the Teachers Retirement Association plan or TRA that covers public school, University and Community College teachers

Minnesota State Pensions for Public Employees

Employee contributions are state-tax free for both the duration of employment and while receiving benefits.

Mississippi State Pensions for Public Employees

Missouri has a COLA adjustments are made on the employee’s anniversary date and equal a .50% increase yearly

Missouri State Pensions

Reimbursement of retirement scheme available to a beneficiary of a dead member of the scheme, are death benefits

Pension for Vermont State Government Retirement System (VSRS)

The employee becomes eligible to retire with a pension benefit based on age and the accumulated service credit. The employee gets vested after five years of accumulating service credit with the State employment

Pension Plan for the State of Texas Government Employees

In general each individual program is a Defined Benefit Plan (DB) which guarantees employees a regular month benefit after retirement, as well as other benefits once vesting periods have been reached

State of Maine Retirement Plan

The system covers two types of members: Class A, consisting of common members and class B, formed by members of the judiciary and public safety

State of South Dakota Government Pension Plan

Employees who have served for twenty five years have an option to purchase future credit of service at any age so that they can decide to retire five years ahead of their actual eligible period with a slight reduction in the benefits

State of Utah Retirement Pension Plan (URS) for Government Workers

The largest member group is the Wisconsin Retirement System for State and Public employees

State of Wisconsin Pension Plan for Government

The benefit is worked out by the use of a multiplying factor that is fixed at 2.125% for the initial fifteen years of service and then followed by 2.250% for service above fifteen years.

State of Wyoming Pension Plan

There is an illness and disability plan for the state employees and an optional pension plan for select members

Virginia State Pension Plan for Government Employees

The largest pension plan in Washington State is the Public Employees Retirement System (PERS). The Boeing Company is also a large pension provider in the state

Washington State Pension Plan