taking jobs in the public sector, either with respect to wages or pension wealth … Study to investigate whether workers in federal, state, and local government receive more generous wage and pension … compensation than private sector workers, ceteris paribus. With respect to hourly remuneration (wages plus employer contributions …

attributed to service-sector wages, consistent with a dominant role of the retail distribution margin. Second, at the level of … individual goods and services, the average contribution of service-sector wages is significantly reduced, one-third as large (31 … consistent with the notion that baby-sitting services and haircuts embody local wages to a far greater extent than highly traded …

Japanese public pension benefits, which were distributed quarterly through February 1990 and every other month since …

We use data from a natural experiment in which retirement benefits were reduced by congressional legislation and later ….S. military. We find that the generosity of retirement benefits is significantly correlated with the decision to remain in service … until members qualify for benefits. The estimated effect of a 20 percent reduction in the generosity of retirement benefits …

We calculate increases in contributions required to achieve full funding of state and local pension systems in the U …

Studies examining pension distribution choices have found that the tendency of private-sector workers is to select lump … distribution from the pension system within one year of separation. Furthermore, the evidence suggests many separating workers …, particularly those with short tenure, may be forgoing important benefits due to lack of knowledge, understanding, or accessibility …

Public sector defined benefit pension plans are based on final earnings. As such, these plans are back-loaded; those … with long careers receive substantial benefits and those who leave early receive little. The analysis consists of three … complete reliance on delayed vesting and final earnings plans results in minimal benefits for most short-service public …

Why are public-sector workers so heavily compensated with pensions and other non-pecuniary benefits? In this paper, we …' votes by promising compensation packages, but some voters cannot evaluate every aspect of compensation. If pension packages … total public sector costs constant, if they received higher wages and lower pensions. Central control over dispersed …

Elimination Provision (WEP) and Government Pension Offset (GPO) provision on Social Security benefits received by individuals and … jobs where a pension was earned. WEP also reduces spouse benefits. GPO reduces spouse and survivor benefits for persons who … households. WEP reduces the benefits of individuals who worked in jobs covered by Social Security and also worked in uncovered …