Slob, Overpaid, Fat Pension, Free Health Care, Public Employees: Debunk This

The Economic Policy Institute besides being one of my favorite sources for information is a pro-labor, union funded organization that gets it right. Can anyone debunk this:

Debunking the Myth of the Over compensated Public Employee

  ...The data analysis in this paper, however, indicate that

 public employees, both state and local government, are

not overpaid. Comparisons controlling for education,

experience, hours of work, organizational size, gender, race,

ethnicity and disability, reveal no significant overpayment

but a slight undercompensation of public employees

when compared to private employee compensation costs

on a per hour basis. On average, full-time state and

local employees are undercompensated by 3.7%, in comparison

to otherwise similar private-sector workers. The

public employee compensation penalty is smaller for

local government employees (1.8%) than state government

workers (7.6%)....

.