Wharton Pension Research Council Working Papers

The New Intersection on the Road to Retirement: Public Pensions, Economics, Perceptions, Politics, and Interest Groups

Beth Almeida, National Institute on Retirement Security
Kelly Kenneally, Kenneally Co.
David Madland, Center for American Progress

The published version of this Working Paper may be found in the 2009 publication: The Future if Public Employee Retirement Systems.


State and local pensions have been a cost-effective way to ensure that those retiring from public service will have adequate retirement income after a lifetime of work. Despite their strengths, opposition to public pensions has emerged in recent years. This chapter examines the economics of public pensions and outlines the role of public perceptions, politics, and interest groups in the public pension debate.


Date Posted: 07 August 2019