Retirement plans’ impact on recruiting and retention in the public market

In Politics by Michael Rae

State and local pension systems, along with allies in public employee unions, have presented as fact their opinion that traditional pensions aid the recruiting and retention of highly qualified employees. While statistical evidence supporting this conclusion is questionable, proponents have continued this promotion. In doing this, they have not promoted retirement plan designs that might actually serve to support recruiting and retention goals while better meeting employee needs. 

The MissionSquare Research Institute, along with the International Public Management Association for Human Resources (IPMA-HR) and the National Association of State Personnel Executives (NASPE), conducts an annual survey of human resource professionals in