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Fringe benefits for Ohio public workers are more than twice as generous as those paid in the private sector, meaning that when pay and benefits are taken into consideration public workers receive 31.2 percent more in total compensation than private‐sector counterparts.
Reports that undercount public-sector pension benefits, omit retiree health coverage and ignore job security do not accurately represent public-sector compensation.
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...
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.
We cannot say for sure how much job security is worth. But we can say it is worth something more than zero and we believe that our estimates are reasonable or even conservative.
Public school teacher compensation is roughly 50 percent above private sector levels. In addition to merit pay, fundamental reforms to help schools hire, promote and fire teachers according to the best interests of students is needed.
What does 2012 hold, both in terms of policy and politics, for the developing relationship between public-sector workers and taxpayers? What does a proactive reform agenda for 2012 look like? Is a pro-reform platform a winning issue for reformers or their opponents? This event will address these and other questions in two panel discussions.
