Compensation costs in State and local government, 1999
May 22, 2000
In March 1999, wages and salaries averaged $19.78 per hour, or 70.6 percent of State and local government compensation costs, whereas benefit costs averaged $8.22 or 29.4 percent.
Insurance costs were the largest single component of benefit costs in State and local government at 7.9 percent. Health insurance comprised most of this figure. The share of compensation costs going to paid leave, at 7.8 percent, was very similar to the share going to insurance.
Retirement and savings accounted for 6.8 percent of benefit costs, while legally required benefits claimed 5.9 percent. As in the private sector, Social Security costs accounted for the majority of the cost of legally required benefits.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs in State and local government, 1999 on the Internet at http://www.bls.gov/opub/ted/2000/may/wk4/art01.htm (visited December 09, 2016).
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