Benefit Cost Comparisons Between State and Local Governments and Private Industry Employers
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Economics
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It is often argued that compensation patterns for public sector employees are higher than in the private sector. This chapter examines some of the reasons for the observed differences in total compensation costs between US state and local government employers and private industry employers. We examine compensation costs by industry, occupation, union status, and employee benefit participation.
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2008-10-01
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The published version of this Working Paper may be found in the 2009 publication: The Future of Public Employee Retirement Systems (https://pensionresearchcouncil.wharton.upenn.edu/publications/books/the-future-of-public-employee-retirement-systems/).