Evaluating Public-Sector Pensions: Are Federal Public Servants Overpaid?

Summary:
Page Title:Evaluating Public-Sector Pensions: Are Federal Public Servants Overpaid? – C.D. Howe Institute
Article Title:Evaluating Public-Sector Pensions: Are Federal Public Servants Overpaid?
URL:https://cdhowe.org/publication/evaluating-public-sector-pensions-are-federal-public-servants-overpaid/
Published Date:April 2, 2014
Accessed Date:February 17, 2025

Federal public servants have pension guarantees in their defined-benefit pension plans that are mispriced, causing Ottawa to seriously underestimate the cost of the pension plans and the total compensation of its employees, according to a report released today by the C.D. Howe Institute.  In “Evaluating Public-Sector Pensions: Are Federal Public Servants Overpaid?” respected pension expert Malcolm Hamilton says this advantageous situation for members of the main Public Service Pension Plan exacerbates the growing compensation gap between federal public-sector employees and their private-sector counterparts.

Membership Application

Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.

"*" indicates required fields

Please include a brief description, including why you’d like to become a Member.

Member Login

Not a Member yet? Visit our Membership page to learn more and apply.