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Total job package for Wisconsin public employees tops that of public workers by 10% and in some cases even more.
Many public workers are overpaid relative to their private sector counterparts, especially in large, unionized states such as Wisconsin, Ohio and California. This may sound like a controversial claim, but it shouldn't. A consensus is building about the need for reform.
Breaking windows will stimulate the economy, according to a leading public pension advocacy group. Skeptical? The National Institute on Retirement Security (NIRS) has not literally endorsed breaking windows, but a report recently published by the organization relies on the same economic fallacy.According to NIRS-whose membership consists principally of...
A new CBO study shows that federal-government employees receive significantly higher compensation than private-sector workers with the same levels of education and experience. It confirms many of the findings of a 2011 study written by Andrew Biggs and Jason Richwine and helps rebut union claims that federal workers are underpaid.
Using fair-market valuation, Nevada PERS’ unfunded liabilities would rise from about $10 billion to almost $41 billion. Shifting PERS to a defined-contribution, 401(k)-type structure would ensure that benefit obligations are fully funded going forward and that everyone is clear regarding the pensions promises the government has made and its ability to fulfill them.
Senator Carl Levin says that Facebook is exploiting a tax loophole in order to avoid paying taxes to the government. But Facebook is a textbook case of win-win-win: the company's creators get rich, society gets the benefit of an innovative communications platform, and the U.S. Treasury gets billions in new revenues.
Nationwide, as governors and legislators seek to rein in labor costs, public-employee unions are protesting that their members are actually underpaid. But a growing body of evidence strongly suggests that their protests have no basis in fact.








