Employee retirement plans (81 - 90 of 221 items)
Social Security: Mandating Coverage for State and Local Employees
T-HEHS-98-127: Published: May 21, 1998. Publicly Released: May 21, 1998.
Pursuant to a congressional request, GAO discussed extending mandatory Social Security coverage to all newly hired state and local government employees, focusing on: (1) the implications of mandating such coverage for the Social Security program, public employers, newly hired employees, and the affected pension plans; and (2) potential legal and administrative issues associated with implementing m...
Private Pensions: Plan Features Provided By Employers That Sponsor Only Defined Contribution Plans
GGD-98-23: Published: Dec 1, 1997. Publicly Released: Jan 5, 1998.
Pursuant to a congressional request, GAO reviewed the general features of defined contribution (DC) plans in the private sector, focusing on: (1) eligibility requirements for employee participation; (2) arrangements for employer and participant contributions; (3) eligibility requirements for employee rights to accrued benefits; (4) employee investment options; (5) loan and other provisions for par...
401(k) Pension Plans: Extent of Plans' Investments in Employer Securities and Real Property
HEHS-98-28: Published: Nov 28, 1997. Publicly Released: Dec 29, 1997.
Pursuant to a congressional request, GAO provided information on: (1) the extent to which 401(k) plan assets are invested in employer securities and real property; (2) the protection and any possible problems associated with the recent amendments to title I of the Employee Retirement Income Security Act of 1974 (ERISA); and (3) alternate mechanisms that might safeguard the retirement benefits of p...
Employee Benefit Plans: Efforts to Streamline Reporting Requirements and Improve Processing of Annual Plan Data
HEHS-98-45R: Published: Nov 14, 1997. Publicly Released: Nov 14, 1997.
Pursuant to a congressional request, GAO reviewed the status of the Department of Labor's (DOL) efforts to streamline the Form 5500 Report and automate processing of the forms, focusing on: (1) the uses of the Form 5500 Reports; (2) the status of government efforts to streamline the Form 5500 Reports and reporting and filing requirements; and (3) actions that have been taken to expedite processing...
The Federal Employees' Retirement System: Potential Changes in Agency Retirement Costs Following an Open Season
T-GGD-98-27: Published: Nov 5, 1997. Publicly Released: Nov 5, 1997.
GAO discussed the potential impact on agency retirement costs of a retirement system open season in which anyone who is a general civilian employee of the federal government and is participating in the Civil Service Retirement System (CSRS) or the CSRS Offset Plan would be allowed to transfer to the Federal Employees Retirement System (FERS), focusing on the potential changes in retirement costs c...
401(k) Pension Plans: Loan Provisions Enhance Participation But May Affect Income Security for Some
HEHS-98-5: Published: Oct 1, 1997. Publicly Released: Oct 1, 1997.
Pursuant to a congressional request, GAO: (1) determined the effects of pension-plan borrowing on participation in and contributions to 401(k) pension plans; (2) described the demographic and economic characteristics of workers who borrow from their pension accounts; and (3) identified the potential consequences for participants who borrow from their pension accounts.GAO found that: (1) plans that...
Federal Pensions: Relationship Between Retiree Pensions and Final Salaries
GGD-97-156: Published: Aug 11, 1997. Publicly Released: Aug 11, 1997.
Pursuant to a congressional request, GAO responded to a series of questions about federal pension costs and retirement policy, focusing on: (1) the number of federal retirees, if any, whose pensions have come to exceed the final salaries that they earned while working; (2) why these retirees' pensions came to exceed their final salaries; (3) the difference, if any, in these retirees' pension amoun...
Federal Retirement: Federal and Private Sector Retirement Program Benefits Vary
GGD-97-40: Published: Apr 7, 1997. Publicly Released: May 7, 1997.
Pursuant to congressional requests, GAO reviewed federal and nonfederal retirement programs, focusing on: (1) an update of the reports on nonfederal retirement programs GAO completed for Congress when the Federal Employees Retirement System (FERS) was being designed; and (2) a comparison of current nonfederal programs with FERS and the Civil Service Retirement System (CSRS). GAO did not independen...
Income Security Issue Area: Active Assignments
AA-97-11(2): Published: Apr 15, 1997. Publicly Released: Apr 15, 1997.
GAO provided information on its active assignments in the Income Security issue area as of April 15, 1997...
Social Security Reform: Implications for the Financial Well-Being of Women
T-HEHS-97-112: Published: Apr 10, 1997. Publicly Released: Apr 10, 1997.
GAO discussed the impacts of proposals to finance and restructure the Social Security system, specifically the impacts on the financial well-being of women.GAO noted that: (1) its work shows that, despite the provisions of the Social Security Act that do not differentiate between men and women, women tend to receive lower benefits than men; (2) this is due primarily to differences in lifetime earn...