Administrative Costs of State Defined Benefit and Defined Contribution Systems
The published version of this Working Paper may be found in the 2009 publication: The Future if Public Employee Retirement Systems.
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.
Date Posted: 09 August 2019