Hustead, Edwin2023-05-232023-05-232008-10-012019-08-06https://repository.upenn.edu/handle/20.500.14332/43655This chapter compares the administrative costs of public sector defined benefit and defined contribution systems offered by the Federal government and many states. Administrative expenses are presented as percentages of both income and assets, and we discuss how administrative expenses might enter into the decision by a public sector employer as to whether to establish a defined contribution plan.© 2008 Pension Research Council of the Wharton School of the University of Pennsylvania. All rights reserved.EconomicsAdministrative Costs of State Defined Benefit and Defined Contribution SystemsWorking Paper