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Big Divergence in State Pension Health

Over 40% of states fall below Morningstar's threshold of a 70% funded ratio (assets divided by liabilities) for pensions, says Morningstar municipal credit analyst Rachel Barkley.

Big Divergence in State Pension Health

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser.

I'm here today with Rachel Barkley. She is a municipal credit analyst at Morningstar. She recently completed a report on the state of pensions across the country. She is going to fill us in on some of the details, and what it could mean for muni investors.

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