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Comparing Public Employee Benefits to the Private Sector: The Welch Factor
Burypensions Blog 
[Opinion] Feb. 14, 2013
"There may be nine fallacies used to defend public-sector pensions but Dr. Jason Richwine of the Heritage Foundation propagates one major fallacy used to attack them when he avers: 'Primarily because DB benefits are guaranteed to workers while DC benefits are not, public-sector retirement benefits are almost always more generous than those of comparable private-sector workers.' Nothing could be more misleading ... or dangerous."
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