Putting Pension Costs in Context: How Corporate Tax Breaks are Diverting State Revenue Needed for Public Employees' Retirement (Part II)

Christine Wen
Date Published
04/2020

The second part of this report looks at seven states that are putting corporate welfare before pension security for public employees. $7 billion was spent on corporate subsidies and tax breaks in Colorado, Georgia, Louisiana, Missouri, South Carolina, Texas, and Vermont in FY2018/2019. Less than half of that amount would have covered the states' pension system contributions.

 

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