Research Report Reforming Government Pensions to Better Distribute Benefits
What Are the Options?
Richard W. Johnson
Display Date
Download Report
(588.13 KB)

Efforts to reform the retirement plans provided to state and local government employees are gaining momentum across the country. Yet, the debate has focused almost exclusively on the financial problems of public pension plans, drowning out a broader discussion of how well these plans serve government employees, employers, and taxpayers. This report identifies promising reform options that could more fairly distribute retirement benefits across the public-sector workforce and help governments recruit and retain productive employees. Options include revising the plan benefit formula, offering alternative plan designs, and extending Social Security coverage to all state and local government employees.
Research Areas Education Wealth and financial well-being Aging and retirement Taxes and budgets State and local finance
Tags Pensions Wages and nonwage compensation Teachers Retirement State and local tax issues Retirement policy
Policy Centers Income and Benefits Policy Center