The attached research paper, written by Jeffrey Keefe of the Economic Policy Institute, investigates whether state and local public employees are overpaid at the expense of taxpayers/ratepayers.
This research is timely with the September 22nd date for LIPA Board of Trustees right around the corner with making their decision on the New Structure of LIPA.
This paper directly contradicts the Brattle Report (Power Point Presentation) that was presented to the public by LIPA that had indicated to municipalize LIPA would be more costly to the ratepayer in comparison to the SEVCO model due to public employee compensation.
The data analyses in this paper, however, indicate that public employees, both state and local government, are not overpaid. On average, full-time state and local employees are under compensated by 3.7%, in comparison to otherwise similar private-sector workers.
So the question still remains the same, where is the data behind the Brattle Power Point Presentation that substantiates LIPA’s claims? Or does it just not exist?