Funds management (11 - 20 of 36 items)
Why Does the Money Go Where It Goes?
139243: Jan 1, 1989
This article, which appeared in the GAO Journal, No. 6, Summer 1989, discusses how the federal government targets federal grants to state and local governments. Considerations of national and local benefits play into almost every intergovernmental grant decision. Grant targeting can come from two approaches, the political and the merit-based. Political targeting has a strong appeal because it is c...
Federal Employees Group Life Insurance Program
T-GGD-88-32: Published: Apr 27, 1988. Publicly Released: Apr 27, 1988.
Pursuant to a congressional request, GAO discussed the Federal Employees Group Life Insurance (FEGLI) Program, which the Office of Personnel Management (OPM) administers. GAO noted that the federal government: (1) annually pays about $850,000 in risk charges to about 200 insurance companies who participate as FEGLI reinsurers; (2) separately pays the prime insurer to process FEGLI claims; and (3)...
Worker Protection: Selected National Institute for Occupational Safety and Health Activities
HRD-87-44BR: Published: Feb 23, 1987. Publicly Released: Mar 26, 1987.
Pursuant to a congressional request, GAO reviewed selected activities at the National Institute for Occupational Safety and Health (NIOSH) to: (1) identify changes in NIOSH administrative staffing patterns; (2) identify funding for a program to notify individual workers of potential health hazards in the work place; and (3) determine if NIOSH expanded its industry-wide study activities.GAO found t...
Pensions: Plans With Unfunded Benefits
HRD-87-15BR: Published: Oct 22, 1986. Publicly Released: Oct 22, 1986.
In response to a congressional request, GAO provided information on: (1) the extent to which single-employer defined-benefit pension plans are underfunded; and (2) the effect that underfunded plan terminations have had on the government insurance program's financial viability.GAO found that: (1) 3,351 of the 14,581 plans were underfunded by about $21 billion, while the other plans had assets that...
Restoration of the Statue of Liberty National Monument
129686: Apr 22, 1986
Testimony was given concerning the restoration of the Statue of Liberty National Monument, specifically whether: (1) the project has met its restoration and fundraising goals; and (2) the Department of the Interior has monitored and maintained oversight of the project. GAO found that: (1) the effort to restore the Statue of Liberty and parts of Ellis Island is exceeding original fundraising and re...
Assessment of Federal Employees' Group Life Insurance Program
GGD-86-28: Published: Apr 7, 1986. Publicly Released: Apr 7, 1986.
In response to a congressional request, GAO: (1) compared the Federal Employees' Group Life Insurance (FEGLI) Program to private sector programs; (2) determined whether the program's premiums could be reduced; (3) identified any needed program reforms; and (4) analyzed FEGLI participation.Congress intended that the FEGLI program be comparable to private sector life insurance programs. GAO noted th...
Community Action: Serious Financial Problems at the Columbus Community Action Organization
HRD-86-38: Published: Dec 13, 1985. Publicly Released: Dec 13, 1985.
Pursuant to a congressional request, GAO reviewed whether the Columbus Metropolitan Area Community Action Organization (CMACAO) misused federal funds in operating its programs.GAO noted that it used data from a public accounting firm's audit report on CMACAO financial activities to help determine whether CMACAO had financial management problems. GAO found that: (1) CMACAO lacked an adequate financ...
Emergency Jobs Act of 1983: Projects Funded in the Lawrence-Haverhill, Massachusetts, Area
HRD-86-30: Published: Dec 6, 1985. Publicly Released: Dec 6, 1985.
Pursuant to a congressional request, GAO reviewed the implementation of the Emergency Jobs Appropriations Act of 1983.GAO obtained information on projects that were awarded emergency appropriation funds in the Lawrence-Haverhill, Massachusetts metropolitan area. GAO found that: (1) as of March 31, 1984, about $2.3 million had been awarded by 12 federal programs for 29 projects in the Lawrence-Have...
Information on Labor's Awards to the Opportunities Industrialization Centers of America
HRD-83-33: Published: Mar 28, 1983. Publicly Released: Apr 27, 1983.
GAO reviewed the Department of Labor's award and administration of contracts to the Opportunities Industrialization Centers of America, Inc. (OIC/A), a national organization which provides assistance to its local affiliates on the management and operation of employment training programs.GAO found that Labor awarded the contracts on a sole-source basis without considering alternative providers and...
Recommendations of National Commission on Social Security Reform
120701: Feb 18, 1983
Testimony was given concerning the recommendations of the National Commission on Social Security Reform for resolving the short- and long-range problems of the social security trust funds. The Commission suggested options which it believes will resolve the entire short-term deficit and about two-thirds of the long-term deficit. GAO recognized that, if economic conditions prove to be less favorable...