Magnolia State News

As of June 2020, Mississippi had received $1.6 million in contributions to its public pension funds, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

All contributions were made to state government pension funds.

The 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.

Mississippi reported data from three pension systems. The total number of pension system members was 334,268.

	Local	State	Local & State
Employee contributions	$0	$583,495	$583,495
Government contributions	$0	$1,058,008	$1,058,008
Total Contributions	$0	$1,641,503	$1,641,503

Source: US Census Bureau