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Pension Benefits Have Grown Faster in Public Sector than Private
National Center for Policy Analysis [NCPA]
May 12, 2011
The pension benefits paid out to retirees by state and local governments have more than doubled from 11.1 percent of payroll in 1990 to 23.8 percent of payroll in 2009. By contrast, pension payouts in private industry grew only from 6.1 percent of payroll in 1990 to 9.8 percent in 2009.
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