Wharton Pension Research Council Working Papers

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Working Paper

Date of this Version



This chapter compares the administrative costs of public sector defined benefit and defined contribution systems offered by the Federal government and many states. Administrative expenses are presented as percentages of both income and assets, and we discuss how administrative expenses might enter into the decision by a public sector employer as to whether to establish a defined contribution plan.


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

Working Paper Number


Copyright/Permission Statement

© 2008 Pension Research Council of the Wharton School of the University of Pennsylvania. All rights reserved.


Opinions and errors are solely those of the author and not of the institutions with whom the author is affiliated. This research was presented at the 2008 Pension Research Council Symposium.

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Economics Commons



Date Posted: 07 August 2019