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The Economic Effects of Public Pensions -- A Compilation of Resources on the Subject
National Association of State Retirement Administrators [NASRA] 
Oct. 18, 2007
Excerpt: Recent studies have begun to reveal that public pensions have positive effects on local and state economies. In 2006, state and local government retirement systems in the U.S. distributed over $100 billion more in benefits than they received in taxpayer-funded contributions .... Together with the economic multiplier effect, in these and other ways, the aggregate economic impact of public pensions is considerable and reaches every city and town of every state. The resources listed ... are examples of this economic phenomenon.
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