Pensions (21 - 30 of 43 items)
[Comments on Social Security Offset Applied to SBP Annuity]
B-253799: Published: Oct 20, 1993. Publicly Released: Oct 20, 1993.
No summary is currently available...
Pension Plans: Benefits Lost When Plans Terminate
T-HRD-92-58: Published: Sep 24, 1992. Publicly Released: Sep 24, 1992.
GAO discussed how pension plan termination affects plan participants. GAO noted that: (1) despite federal insurance protections, participants in underfunded plans that terminate risk losing promised benefits; (2) although the Pension Benefit Guaranty Corporation (PBGC) guarantees certain basic pension benefits, it does not guarantee all benefits that plans promise; (3) PBGC will pay benefits that...
Employee Benefits: Financing Health Benefits of Coal Industry Retirees
HRD-92-137FS: Published: Jul 22, 1992. Publicly Released: Jul 22, 1992.
Pursuant to a congressional request, GAO provided information regarding proposed legislation for coal industry retirees' health benefits and existing pension trusts, focusing on: (1) the characteristics of the trusts' beneficiaries, (2) the benefits provided, and (3) the present and projected financial condition of the trusts.GAO found that: (1) there were deficits in the industry's pension and be...
Women's Pensions: Recent Legislation Generally Improved Pension Entitlement and Increased Benefits
T-HRD-92-20: Published: Mar 26, 1992. Publicly Released: Mar 26, 1992.
GAO discussed the results of its studies on women's pension issues, focusing on: (1) the impact of the vesting and benefit distribution provisions under the Tax Reform Act of 1986; (2) widows' receipt of survivor pension income and the impact of the Retirement Equity Act of 1984 on their access to those benefits; (3) the role of the private pension system in improving the economic condition of poo...
Pension Plans: Survivor Benefit Coverage for Wives Increased After 1984 Pension Law
HRD-92-49: Published: Feb 28, 1992. Publicly Released: Feb 28, 1992.
Pursuant to a congressional request, GAO provided information on survivor pension benefits for widowed individuals, focusing on: (1) the prevalence of survivor pension benefits; (2) the relative size of survivor benefits received by widowed men and women; (3) the rate at which married pension retirees are retaining a joint and survivor (J&S) annuities; and (4) whether the rate of J&S annuity reten...
Pension Plans: Public Plans in Four States Have Generally Similar Policies and Practices
HRD-90-133: Published: Jul 24, 1990. Publicly Released: Aug 27, 1990.
Pursuant to a congressional request, GAO provided information on public pension plans in four states.GAO found that: (1) boards of trustees and their staffs administer public pension plans; (2) each board establishes policy and appoints a chief administrative officer responsible for hiring and overseeing the staff that carries out the plan's daily operations; (3) two plans have a single board and...
Retirement Income: 1984 Pension Law Will Help Some Widows but Not the Poorest
HRD-88-77: Published: Jul 11, 1988. Publicly Released: Jul 11, 1988.
Pursuant to a legislative requirement, GAO analyzed the potential effects of the spousal consent provision of the Retirement Equity Act of 1984 on the economic status of future widows, focusing on: (1) how many wives could gain entitlement to survivor benefits as a result of the act; (2) what economic circumstances influenced whether husbands selected survivor benefits, prior to the act; (3) to wh...
Department of Labor: Pension Plans and Corporate Takeovers
HRD-88-58: Published: Mar 31, 1988. Publicly Released: May 20, 1988.
Pursuant to a congressional request, GAO reviewed the Department of Labor's (DOL) enforcement efforts concerning the potential misuse of pension plans in corporate takeovers.GAO found that DOL: (1) delegated responsibility for enforcing Employment Retirement Income Security Act standards to its Pension and Welfare Benefits Administration (PWBA); (2) informally learned of takeover transactions from...
137894: Jan 1, 1988
This article, which appeared in the GAO Journal, No. 4, Winter 1988, discusses ways to reform entitlement programs. Social security benefits constituted more than 42 percent of federal entitlements outlays in fiscal year 1986, while federal health care programs were about 16 percent and retirement systems were 9 percent. Entitlements growth after 1980 was entirely due to expansion of poverty progr...
Pension Plans: Vesting Status of Participants in Selected Small Plans
HRD-88-31: Published: Oct 30, 1987. Publicly Released: Oct 30, 1987.
In response to a congressional request, GAO provided information on the vesting status of individuals in top-heavy retirement plans in small businesses with fewer than 100 employees, to determine the likely effect of the Tax Reform Act of 1986 on their vesting status.GAO found that of the 128 retirement plans it reviewed: (1) shorter-tenured workers would have been adversely affected by the change...