Quantcast

Equality State News

Monday, November 25, 2024

Wyoming pension investment earnings fall 88 percent

Adobestock 306823504

Adobe Stock

Adobe Stock

The earnings on investments for Wyoming public pensions dropped from $1.2 million in 2018 to $146,781 in 2019, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

The Census Bureau’s 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.

Residents in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming do not pay state income taxes.

The Census Bureau cautions that not all respondents answer all survey questions. Thus, some fields were left blank.

Wyoming reported data from eight pension systems. The total number of pension system members was 127,554.

MORE NEWS