Employee retirement plans (91 - 100 of 221 items)
Private Pensions: Most Employers That Offer Pensions Use Defined Contribution Plans
GGD-97-1: Published: Oct 3, 1996. Publicly Released: Oct 3, 1996.
Pursuant to a congressional request, GAO provided information on the: (1) numbers and types of pension plans sponsored nationwide by private employers from 1984 to 1993; (2) proportions of total contributions made to these plans by employers and employees; (3) average administrative expense for these plans; and (4) reasons employers sponsor certain types of pension plans.GAO found that: (1) using...
401(k) Pension Plans: Many Take Advantage of Opportunity to Ensure Adequate Retirement Income
HEHS-96-176: Published: Aug 2, 1996. Publicly Released: Aug 2, 1996.
Pursuant to a congressional request, GAO provided information on 401(k) pension plans, focusing on: (1) the proportion of workers covered by 401(k) pension plans; (2) workers' contributions to their 401(k) pension plans; and (3) how workers invest their pension account balances.GAO found that: (1) half of all workers and nearly two-thirds of workers nearing retirement age are covered by a pension...
Public Pensions: Section 457 Plans Pose Greater Risk Than Other Supplemental Plans
HEHS-96-38: Published: Apr 30, 1996. Publicly Released: May 15, 1996.
Pursuant to a congressional request, GAO reviewed the status of public pension funding, focusing on how plans established under Internal Revenue Code (IRC) section 457 differ from plans created under IRC sections 401(k) and 403(b).GAO found that: (1) most state and local government employees are covered under section 457 plans because the Tax Reform Act of 1986 prohibited state and local governmen...
Public Pensions: State and Local Government Contributions to Underfunded Plans
HEHS-96-56: Published: Mar 14, 1996. Publicly Released: Apr 12, 1996.
Pursuant to a congressional request, GAO reviewed the status of public pension plan funding, focusing on the basic pension plans of state and local governments.GAO found that: (1) states and localities with underfunded pension plans run the risk of reducing future pension benefits to taxpayers or raising revenues; (2) unfunded liabilities for all state and local pension plans totalled $200 billion...
Social Security: Issues Involving Benefit Equity for Working Women
HEHS-96-55: Published: Apr 10, 1996. Publicly Released: Apr 10, 1996.
Pursuant to a congressional request, GAO examined whether married women and widows were being treated fairly under the Social Security system, focusing on: (1) how economic and demographic trends may affect women's future benefits; and (2) past proposals that have addressed these concerns.GAO noted that: (1) the Social Security Act is gender neutral when it comes to awarding individual retirement...
District's Workforce: Annual Report Required by the District of Columbia Retirement Reform Act
GGD-96-95: Published: Mar 29, 1996. Publicly Released: Mar 29, 1996.
Pursuant to a legislative requirement, GAO commented on the disability retirement rate of District of Columbia police officers and firefighters.GAO found that: (1) the number of District police officers and firefighters hired before February 15, 1980, who retired on disability during 1995 represented 0.503 percent of all active duty police officers and firefighters hired before February 15, 1980;...
Congressional Retirement Costs
GGD-96-24R: Published: Oct 12, 1995. Publicly Released: Oct 12, 1995.
Pursuant to a congressional request, GAO provided information on the proposal to change the congressional retirement system, focusing on: (1) the cost of congressional retirement benefits; (2) the potential savings from the proposal; (3) how private sector retirement systems compare with the congressional retirement system; and (4) the extent to which private sector employers are replacing defined...
Private Pension Plans: Efforts to Encourage Infrastructure Investment
HEHS-95-173: Published: Sep 8, 1995. Publicly Released: Sep 26, 1995.
Pursuant to a congressional request, GAO provided information on the role that pension plans play in expanding public investment in infrastructure projects.GAO found that: (1) pension plans have not been investing in domestic public infrastructure because of the combined effects of federal law, which requires plans to seek the highest rate of return on investments and encourages growth by exemptin...
HEHS-95-219R: Published: Aug 11, 1995. Publicly Released: Aug 23, 1995.
Pursuant to a congressional request, GAO provided information on the frequency and characteristics of cost-of-living adjustments (COLA) that retirees receive from public and private pension plans. GAO noted that: (1) Social Security and federal pension plans incorporate automatic, annual COLA; (2) over half the states reporting to the Bureau of Labor Statistics provide automatic COLA annually, gen...
Federal Retirement: Benefits for Members of Congress, Congressional Staff, and Other Employees
GGD-95-78: Published: May 15, 1995. Publicly Released: May 15, 1995.
Pursuant to a congressional request, GAO compared the retirement benefits available to members of Congress and congressional staff with those available to other employees under the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS).GAO found that: (1) CSRS provisions for congressional members are generally more generous than those for general employees; (2) M...