The newest pension system "report card" was released in June this year. It reveals the latest official data (as of 2017), and shows that things aren't much better since the previous version we reported on back in January:

When comparing the funding ratios of the top three state pension programs to the bottom three, things get even more disturbing.

According to the latest report, the top three programs (South Dakota, Tennessee, and Wisconsin) remain virtually unchanged since 2013, hovering around 100%.

But the bottom three (Illinois, Kentucky, and New Jersey) are even more underfunded, dropping from ~50% funding in 2013 down to only ~38% in 2017.

A disturbing fact about the three worst funded state pensions is that they have been receiving more money, yet are more underfunded. According to the report, these states "had an average employer contribution rate of more than 31 percent of payroll in 2017—a 22 percentage point increase since 2007."