Thursday, December 11, 2008

Coverage of public sector employees in the United States

The issue of segmentation of the social security system has technical complexities and it takes time to solve it. A recent study by the General Accounting Office points out that:

Social Security covers about 96 percent of all U.S. workers; the vast majority of the remaining 4 percent are public employees.

This does not mean that public employees do not have a pension plan, but that special solutions have to be developed to solve the issues of portability and recognition of contributions. The document can be found in: http://www.gao.gov/new.items/d08248t.pdf

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