Michigan’s unfunded pension liability per capita increased slightly from 2015 to 2016, but was 22nd lowest in the nation and lower than both the “Top Ten” and peer state averages.

What It Is: State government pension benefit unfunded actuarial accrued liability (UAAL) divided by population.

Why It Matters: This measure indicates the burden of unfunded retiree benefits on taxpayers. Payments for high unfunded liabilities may crowd out spending for competing needs, such as infrastructure and education.

Note: Unfunded liabilities are measured in UAAL, or unfunded actuarial accrued liabilities.


State Unfunded Pension Liabilities Trends

State Unfunded Pension Liabilities Standings

Source: U.S. Census Bureau (Census of Governments), Pew Center on the States