Government Employee Benefit Costs Increase, Outpacing Private Sector

The gap between benefit costs for states and localities, which includes schools, and that of the private sector also continues to widen, as reported by Governing.

Governing reports that updated Labor Department data published Friday shows just how much employee benefits have increased nationally in recent years.

The latest employment cost index estimates for state and local government workers indicate benefit costs increased 0.8 percent in the second quarter of this year. Over the 12-month period ending in June, benefit expenses have climbed 2.7 percent — nearly double the rate of the private sector.

For more information, see the full story from Governing.

The costs of health insurance benefits for county employees will be a topic of discussion at the MACo Summer Conference Session, Here Comes the Cadillac Tax, sponsored by the Maryland Association of Human Resources Officers.

Learn more about MACo’s Summer Conference:

Questions? Contact Meetings & Events Director Virginia White.