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Comparing Government and Private Sector Compensation in Alberta
註釋University of Toronto Professor Morley Gunderson noted in his sem- inal study, Earnings Differentials between the Public and Private Sectors (1979), that the main difference in the process of determining wages between the public and private sectors was that profits are the main constraint on wages in the private sector. [...] The comparative data presented in table 2 illustrates the increasing scarcity of defined benefit pensions in the private sector and compares it to the prevalence of these pension plans in the public sector. [...] In 2013, of the workers in Alberta who were covered by a pension plan, 97.4 percent of those in the public sector enjoyed a defined benefit pension compared to 38.9 per- cent of those in the private sector. [...] Average and median age of retirement Tables 3a and 3b present data on the average and median age of retirement for public and private sector workers between 2009 and 2013, both for Canada as a whole and for individual provinces.19 Regardless of whether the average or median age of retirement is used, public sector workers in Alberta retire at an earlier age than their private sector counterparts. [...] Summary While there is insufficient data to calculate or make a definitive statement about the differences in non-wage benefits between the public and private sectors in Alberta, the available data suggest that the public sector enjoys more generous non-wage benefits than the private sector.