Tag: local workers
Every now and then we release a study that is received with skepticism. Our current piece on police and fire retirement benefits is the most recent example. It makes the argument that these benefits are expensive – consistent with most people’s intuition – but that they constitute only 2 percent of total local government spending…
Abstract Many state and local governments have responded to challenges facing their pension plans by cutting benefits. Will these cuts make it harder for state and local governments to recruit and retain high-quality workers? To date, the answer has been difficult to obtain; most micro-level datasets contain information on the existence of pensions but not…
