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The best and worst states for pensions [MSN Money]
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New Grads, This Strategy Could Mean Retiring Sooner 8 Retirement Planning Red Flags Full screen 1/52 SLIDES © BassittART / iStock.com Best and Worst States for Pensions The pension has long been a standard part of retirement for many Americans, particularly for public sector employees like police officers and mail carriers. Offering a pension — a set annual income for long-time employees after they retire — used to help attract quality employees and offered financial security in their golden years . Does the same hold true today? Private companies rarely offer pensions anymore , and states are struggling with pension commitments they made decades ago. The relative security of a pension is tied to the well-being of the government that offers it, and a great many U.S. states currently have unfunded pension liabilities. Click through to see which states are well-prepared to continue f
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