Tag: state and local workers

Saving and pension planning

The brief’s key findings are: Overall, 65-year-old couples with a state-local worker do not end up with more wealth at retirement than their private sector counterparts. The results, however, differ by tenure in the state-local sector: The one-third with long tenure have 11 to 18 percent more wealth at age 65. The other two-thirds hav…

American flag flying over government building in city, blue sky and clouds

The brief’s key findings are: Critics claim that the compensation of state-local workers is overly generous. Previous studies have found mixed results. Our analysis finds that compensation of state-local and private sector workers is roughly similar: state-local workers earn 9.5 percent less than comparable private sector workers; but this wage gap is mostly offset by…