Recently, an analysis by two Bureau of Labor Statistics economists, published in the winter 2012 Journal of Economic Perspectives, concluded that the salary and current benefits of state and local government employees nationwide are 10% and 21% higher, respectively, than private-sector employees doing similar work. This study didn’t even factor in the market value of public-pension benefits, nor did it include the value of retiree health coverage.
Please click here to read this article from the Wall Street Journal.
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