NEWS, SPORTS, COMMENTARY, POLITICS for Gloucester City and the Surrounding Areas of South Jersey and Philadelphia

Nov. 16 Camden County News | cnbnews
Obiturary: Twinkies, Ding Dongs, Ho Hos and Wonder Bread as Hostess files Bankruptcy

Dear Concerned Taxpayer,

 

(cnbnews.net)I want to urge you to read our new report, Public Servants or Privileged Class: How State Government Employees are Paid Better than Their Private-Sector Counterparts.

The report analyzes state government employee wages and benefits in all 50 states, and for the first time, provides a detailed comparison of compensation for public- and private-sector workers in the same job categories, from architecture and engineering to transportation. Watch the video below, which vividly illustrates how public-sector workers are paid more than their private-sector counterparts.

Shockingly, the report found that no state government pays its employees on par or below what the private sector pays; that the largest percentage difference in pay between the public and private sector is 40 percent; and that the highest difference in pay is $61 per hour.

This disproportionate public-sector compensation is a major driver of unfunded state and municipal pension liabilities across the country, which pundits and experts of all political stripes have accurately described as a looming financial crisis.

Concerned Taxpayerthis report is the first installment in CAGW’s new Public Pension Education Project. To support this project, which is intended to spur action on public-sector employee compensation reform, make a contribution to CAGW today.

Sincerely,
schatz_signature_gif
Thomas A. Schatz
President, CAGW

 

 
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Citizens Against Government Waste is the nation's largest taxpayer watchdog group with more than one million members and supporters nationwide. It is a 501(c)(3) nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government. Contributions to CAGW are tax-deductible as charitable contributions to the extent permitted by law. For more information about CAGW, visit our website atwww.cagw.orgTo help CAGW battle the runaway deficit spending that is bankrupting America, make a tax-deductible contribution today.
  

 

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