Trust funds (11 - 17 of 17 items)
Comments on the Social Security Notch Issue
T-HRD-92-46: Published: Jul 23, 1992. Publicly Released: Jul 23, 1992.
GAO discussed its: (1) work on the "notch" disparity in Social Security benefits; and (2) belief that Congress made the right decision in not advancing notch legislation. GAO noted that: (1) other studies have confirmed and supported its original analysis and findings; (2) the notch group is not worse off compared to other beneficiaries; (3) the notch is an artifact of the corrected wage-indexed f...
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...
The Social Security Notch Issue
T-HRD-89-2: Published: Jan 23, 1989. Publicly Released: Jan 23, 1989.
GAO discussed its and the National Academy of Social Insurance's studies of the social security notch issue. GAO found that: (1) benefit differences arose between retiree groups of similar ages because a problem with the benefit formula instituted in 1972 led to higher benefits than expected; (2) in 1977, Congress set the replacement rate for an average earner retiring at age 65 at about 42 percen...
Railroad Retirement: Federal Financial Involvement
HRD-86-88: Published: May 9, 1986. Publicly Released: Jun 7, 1986.
Pursuant to a congressional request, GAO: (1) presented an inventory and description of past and present federal financial assistance to the Railroad Retirement Board (RRB) retirement and unemployment programs; and (2) showed how much assistance would be needed under current laws to continue the federal government's unique relationship with these programs.GAO found that: (1) federal government inv...
Social Security: Past Projections and Future Financing Concerns
HRD-86-22: Published: Mar 11, 1986. Publicly Released: Mar 11, 1986.
Pursuant to a congressional request, GAO reviewed the past and current projections for the Old Age and Survivors Insurance (OASI) trust fund, specifically the important assumptions underlying the revenue and spending projections that determine the trust fund balance.GAO found that: (1) through 1982, projections of the OASI trust fund balance have been inaccurate, because the inability to foresee e...
Social Security Administration's Beneficiary Rehabilitation Program
HRD-81-22: Published: Nov 10, 1980. Publicly Released: Nov 10, 1980.
GAO reviewed the Beneficiary Rehabilitation Program (BRP) of the Social Security Administration (SSA). The primary purpose of BRP is to provide savings to the trust funds by returning as many disabled beneficiaries as possible to the work force, thereby terminating their social security disability benefits. GAO focused on the question of whether available data could be used to determine the progra...
Social Security Student Benefits for Postsecondary Students Should Be Discontinued
HRD-79-108: Published: Aug 30, 1979. Publicly Released: Aug 30, 1979.
A review was made of the student benefit program to see if it is an unnecessary burden upon the overall Social Security system, and thus upon taxpayers supporting the system. The following major Office of Education programs comprise the student benefit program in Social Security: Basic Educational Opportunity Grant, Guaranteed Student Loan, National Direct Student Loan, College Work-Study, Supplem...