CBO Confirms AEI Report: Federal Workers Overpaid

A new Congressional Budget Office (CBO) study finds that federal government employees receive significantly higher compensation than private sector workers with the same levels of education and experience. The CBO report confirms the conclusions of AEI economist Andrew Biggs's 2010 study, and helps rebut claims that federal workers are underpaid.

Specifically, CBO found that federal employees receive:

  • Average salaries that are about 2 percent higher than those for similar private sector employees.

  • Average federal benefits that exceed private sector levels by 48 percent

  • A total average federal compensation which is 16 percent above private sector levels

CBO's methods are broadly consistent with those used in Biggs's 2011 AEI study, and serve as a valuable contrast to figures generated by the federal Office of Personnel Management which claims that federal employees make 26 percent less than workers in the private sector.

Andrew Biggs previously served as the principal deputy commissioner of the Social Security Administration where he oversaw the agency's policy research efforts and was also the associate director of the National Economic Council at the White House. He can be reached at [email protected] or through his assistant Rohan Poojara at [email protected] (202.862.5852).

For help reaching any AEI scholars and for all other media requests, please contact Jesse Blumenthal at [email protected] (202.862.4870).

AEI's in-house ReadyCam TV studio may be booked by calling VideoLink at 617.340.4300. For radio interviews, please e-mail [email protected] to reserve AEI's ISDN facilities.

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Andrew G.
Biggs

What's new on AEI

AEI Election Watch 2014: What will happen and why it matters
image A nation divided by marriage
image Teaching reform
image Socialist party pushing $20 minimum wage defends $13-an-hour job listing
AEI on Facebook
Events Calendar
  • 27
    MON
  • 28
    TUE
  • 29
    WED
  • 30
    THU
  • 31
    FRI
Monday, October 27, 2014 | 10:00 a.m. – 11:30 a.m.
State income taxes and the Supreme Court: Maryland Comptroller v. Wynne

Please join AEI for a panel discussion exploring these and other questions about this crucial case.

Tuesday, October 28, 2014 | 9:30 a.m. – 12:15 p.m.
For richer, for poorer: How family structures economic success in America

Join Lerman, Wilcox, and a group of distinguished scholars and commentators for the release of Lerman and Wilcox’s report, which examines the relationships among and policy implications of marriage, family structure, and economic success in America.

Tuesday, October 28, 2014 | 5:30 p.m. – 7:00 p.m.
The 7 deadly virtues: 18 conservative writers on why the virtuous life is funny as hell

Please join AEI for a book forum moderated by Last and featuring five of these leading conservative voices. By the time the forum is over, attendees may be on their way to discovering an entirely different — and better — moral universe.

Thursday, October 30, 2014 | 2:00 p.m. – 3:00 p.m.
A nuclear deal with Iran? Weighing the possibilities

Join us, as experts discuss their predictions for whether the United States will strike a nuclear deal with Iran ahead of the November 24 deadline, and the repercussions of the possible outcomes.

Thursday, October 30, 2014 | 5:00 p.m. – 6:15 p.m.
The forgotten depression — 1921: The crash that cured itself

Please join Author James Grant and AEI senior economists for a discussion about Grant's book, "The Forgotten Depression: 1921: The Crash That Cured Itself" (Simon & Schuster, 2014).

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled today.
No events scheduled this day.