Putting State Pension Costs in Context: many states give away more in subsidies than normal cost of pensions for state employees
Our latest report, "Putting State Pension Costs in Context" focuses on 13 states where pensions have been debated. We compare those costs to the amount of revenue those states lose each year as the result of economic development subsidies offered to corporations as well as the tax preferences and accounting loopholes (including offshore tax havens) used by companies. While not providing an assessment of the effectiveness of any particular subsidy or provision, this approach does provide an important perspective on public sector pensions.
National Summary of the report can be found here.
Profiles of each of the 13 states can be found here.