My AEI colleague Andrew Biggs looks at how states treat their career, non-public-safety employees in retirement. It turns out that the most generous state is West Virginia, which gives retirees 115 percent of their final earnings each year. Next come New Mexico (113 percent), Oregon (105 percent), and California (102 percent). I was surprised to see that the fifth-most-generous state is Texas (101 percent). When pensions are this generous, it means policymakers have been handing out money to employees while keeping the up-front costs low.