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      Question

      What was the pension bill growth for states in

      FY23?
      A 12.5% Correct Answer Incorrect Answer
      B 13.4% Correct Answer Incorrect Answer
      C 11.7% Correct Answer Incorrect Answer
      D 10.5% Correct Answer Incorrect Answer
      E 15.0% Correct Answer Incorrect Answer

      Solution

      The pension bill growth for states slowed to 11.7% in FY23, reaching β‚Ή4.67 trillion. This was a decrease from the 13.4% growth reported in FY22, signaling a slower increase in pension-related expenditures.

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