America’s state-run retirement systems are in trouble — about $1 trillion worth of trouble.

In 2013, states had a $968 billion shortfall — up $54 billion from the prior year — between the pension benefits that were promised to employees and what was actually saved to make those payments, according to a recent report by Pew Charitable Trusts. The gap surpasses $1 trillion when shortfalls in local pension systems are included, the report says.

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