A Tale of Two States Isn't She Lovely
Total Page:16
File Type:pdf, Size:1020Kb
A TALE OF TWO STATES There's an old saying – "You can choose your friends, but you can't choose your family." If you can choose your state – do this, too. My husband Dick and I live in Illinois but moved our Uline Corporate Wisconsin Headquarters to Wisconsin two years ago. Look at the comparisons between 100% these states. "Escape to Wisconsin" because their pension system Funded is totally funded. Illinois? Dead last with a pension system that is only 54% funded and an $83 billion liability. To fund the retirement of the state's public employees, it would cost each of the 12.8 million Illinois residents $6,484 at this moment and growing. According to the Pew Center, 34 U.S. states are less than 80% funded. However, these numbers can be deceiving. For example, California is at Illinois 87% but, because the state is so large, the state's liability is a whopping 54% $516 billion. Surprisingly, New York Funded is fully funded. Take a look at the numbers for your state. WashingtonWA 100%100% MaineME 80% MontanaMT North NDDakota 80% 84%84% 87%87% The repercussion of unfunded OregonOR VTVT Minnesota 80%80% MN 88%88%NH 81%81% state pension liabilities, the costs IdahoID 68%68% WisconsinWI NewNY York 93%93% South SDDakota 100%100% MA 63% 63% WyomingWY 97%97% 107%107% of the Affordable Healthcare MichiganMI CTCT RIRI 61% 61% 79%79% 84%84% 62%62% Act and politicians who seem IowaIA PennsylvaniaPA New JerseyNJ NebraskaNE NevadaNV 89%89% 87%87% 92%92% OhioOH 73%73% inept at voting responsibly 76%76% IllinoisIL IndianaIN MD UtahUT 87%87% 54% 72%72% 78%78% DelawareDE 84%84% ColoradoCO 54% WestWV Virginia 98% are looming beyond large, 70%70% KansasKS 64% VirginiaVA 98% CaliforniaCA MissouriMO 64% 59%59% 83%83% KentuckyKY 84%84% in my opinion. 87%87% 64%64% North CarolinaNC TennesseeTN 99%99% OklahomaOK ArizonaAZ 95%95% ArkansasAR 80%80% New NMMexico 61%61% South CarolinaSC Tread carefully. 83%83% 87%87% 70%70% AlabamaAL MississippiMS GeorgiaGA 73%73% 77%77% 92%92% LouisianaLA HawaiiHI TexasTX 70%70% 69%69% 91%91% AlaskaAK 76%76% FloridaFL 101%101% Liz Uihlein StatesStates withwith 100%+100% + StatesStates withwith 80%80% toto 99%99% StatesStates withwith 79%79% andand lowerlower ofof pension pension plan plan fundedfunded ofof pensionpension planplan fundedfunded ofof pensionpension planplan fundedfunded ISN'T SHE LOVELY... When the Green Bay Packers lost in the playoffs last January, it was a real bummer. Along came the New York Giants... But on that particular weekend, however, a new Miss America was crowned, Laura Kaeppeler. Turns out she's from right here in Kenosha, WI. Isn't she gorgeous? Wow! Amid much excitement she came to visit Uline. Laura was surrounded by admiring Uline guys in our Wisconsin warehouse. ∏ Shipping Supply Specialists PHONE 1-800-295-5510 539.