Illinois is facing the worst pension crisis in the country, with pensions in the state only 24 perce

Protesters carry a sign outside the Levin Federal royal carribean bermuda cruises Courthouse in Detroit, royal carribean bermuda cruises Wednesday, July 24, 2013. Detroit's bankruptcy is hitting a courtroom for the first time as a judge considers what to do with challenges from retirees who claim their pensions are protected by the Michigan Constitution.(AP Photo/Paul Sancya)
Illinois is facing the worst pension crisis in the country, with pensions royal carribean bermuda cruises in the state only 24 percent funded, and with an unfunded liability of more than $287 billion (more than $22,000 per person) against less than $92 billion in actuarial assets. Pensions in Connecticut, Kentucky and Kansas are also less than 30 percent funded, according to the study.
Wisconsin, led by Republican Gov. Scott Walker, is in the best shape of any state, with its pensions 57 percent funded. Walker famously abolished collective bargaining royal carribean bermuda cruises rights in his state to help solve a multi-billion dollar budget royal carribean bermuda cruises deficit, and then won a 2012 recall election forced upon him by outraged union interests.
Pension shortfalls are currently royal carribean bermuda cruises dominating the local news cycle in Detroit, where emergency manager Kevyn Orr is pointing to the city s severely unfunded pensions as justification for his recent decision to file for bankruptcy on behalf of the city. Public employee unions have protested against likely pension cuts.