The brief’s key findings are:
– In projecting pension costs, state and local plans assume their workers will live longer than private sector workers. Is this assumption accurate and, if so, why?
– The analysis confirms that public sector workers – particularly women – have lower mortality rates than their private sector counterparts.
– The question is whether lower mortality reflects the nature of the job or the nature of the workers.
– The answer is the workers – specifically their education levels. Controlling for education, the gap between public and private workers disappears.
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Does Mortality Differ Between Public and Private Sector Workers?
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