New Mexico ranks 34th in the nation for public pension contributions

Adobe Stock

By Prairie State Wire

Aug 5, 2021

New Mexico received $1,303,479 in public pension contributions, ranking it 34th in the United States, according to the U.S. Census Bureau’s Annual Survey of Public Pensions.

All $1,303,479 received was in state 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, school districts and special districts.

The data gathered includes revenues, expenditures, financial assets, membership and liabilities information.

U.S. Total Contributions by State in 2018

Rank	State	Total Contributions
1	California	$51,151,766
2	New York	$19,322,935
3	Illinois	$15,514,293
4	Texas	$13,753,246
5	Pennsylvania	$9,069,260
6	Ohio	$7,773,216
7	New Jersey	$6,534,947
8	Michigan	$5,945,118
9	Florida	$5,894,750
10	Massachusetts	$5,720,828
11	Georgia	$4,877,430
12	Virginia	$4,338,574
13	Connecticut	$4,114,024
14	Maryland	$4,031,817
15	Washington	$3,964,193
16	Louisiana	$3,708,212
17	North Carolina	$3,528,005
18	Arizona	$3,498,540
19	Missouri	$3,372,105
20	Kentucky	$3,046,283
21	Colorado	$2,791,640
22	Minnesota	$2,616,763
23	South Carolina	$2,501,085
24	Tennessee	$2,368,812
25	Indiana	$2,256,057
26	Oregon	$2,230,099
27	Wisconsin	$2,182,595
28	Alabama	$2,111,114
29	Nevada	$1,866,005
30	Oklahoma	$1,750,424
31	Mississippi	$1,625,444
32	Kansas	$1,355,071
33	Iowa	$1,339,568
34	New Mexico	$1,303,479
35	Utah	$1,207,285
36	Arkansas	$1,139,444
37	Hawaii	$1,103,727
38	Rhode Island	$936,422
39	West Virginia	$914,696
40	Nebraska	$842,345
41	Alaska	$677,472
42	New Hampshire	$663,678
43	Idaho	$638,002
44	Montana	$614,775
45	Maine	$588,648
46	Delaware	$378,932
47	Wyoming	$373,636
48	North Dakota	$360,776
49	Vermont	$309,133
50	South Dakota	$273,899