Overpaid Public Workers: The Evidence Mounts

Overpaid Public Workers: The Evidence Mounts: "When the public pay debate began to simmer two years ago, Andrew Biggs, a resident scholar at the American Enterprise Institute, and Jason Richwine, a senior policy analyst at the Heritage Foundation, were among the few analysts to show that many public employees -- federal, state and local, including public school teachers -- are paid more than what their skills would merit in the private economy.  Their core insight was that public-sector pensions are several times more generous than typical private-sector plans, but this generosity is obscured by accounting assumptions that allow governments to contribute far less to pension plans than private employers must."

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