Your recent article quotes a report by consultants which recommends increasing New Orleans city employees salaries. The report lost all credibility when it said employees had less generous benefits. The pension alone makes their benefits out of line with private employers. If one used the 4 percent interest assumption required of private employers to value that benefit, the pension (including DROP) would cost about 50 percent of pay. When one compares to a normal private sector employer match on a 401(k), of maybe 8 percent, New Orleans public employees are overpaid already.