Chapter

Benefit Cost Comparisons Between State and Local Governments and Private Industry Employers

Ken McDonnell

in The Future of Public Employee Retirement Systems

Published in print August 2009 | ISBN: 9780199573349
Published online February 2010 | e-ISBN: 9780191721946 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199573349.003.0006
Benefit Cost Comparisons Between State and Local Governments and Private Industry Employers

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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. The author examines compensation costs by industry, occupation, union status, and employee benefit participation.

Keywords: pension benefit costs; employee benefits; pension participation; public versus private employees; total compensation costs

Chapter.  3154 words. 

Subjects: Public Management and Administration

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