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Trends in Public-Sector Employee Tenure (PDF)
Public Retirement Research Lab [PRRL]
May 8, 2020 24 pages. "All classes of public-sector workers had longer tenures, on average, than those of private-sector workers.... [P]ublic-sector workers were less likely to change jobs, which means fewer opportunities for leakage and more continuous participation. However, tenure for some groups of public-sector workers was shortening, so understanding how to incorporate more shorter-tenure workers may involve some tweaking of the retirement programs. The most striking result of this study is the age distribution of workers in the public sector, as the share of those in their 40s is sharply declining." [Also available: Study Snapshot] |
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