Civil service retirement system (11 - 20 of 27 items)
Federal Retirement Issues
T-GGD-95-111: Published: Mar 10, 1995. Publicly Released: Mar 10, 1995.
Pursuant to a congressional request, GAO discussed how federal employee retirement benefits compare with those of congressional members and staff and nonfederal retirement plans. GAO noted that: (1) members of Congress can retire at younger ages and with less service than federal and congressional employees under the Civil Service Retirement System (CSRS); (2) the CSRS formula for calculating memb...
District Pensions: Federal Options for Sharing Burden to Finance Unfunded Liability
HEHS-95-40: Published: Dec 28, 1994. Publicly Released: Jan 12, 1995.
Pursuant to a congressional request, GAO reviewed the District of Columbia's pension plans for certain employees, focusing on: (1) the history and status of the plans' unfunded pension liability and the number of plan participants prior to Home Rule; (2) a comparison of the plans' unfunded liability with other state and local plans; and (3) the District's funding formula under the proposed legisla...
D.C. Pensions: Plans Consuming Growing Share of District Budget
T-HEHS-94-192: Published: Jun 14, 1994. Publicly Released: Jun 14, 1994.
GAO discussed the District of Columbia's unfunded pension plan liability and proposed reform legislation. GAO noted that: (1) the District's required pension plan contribution could increase to about 15 percent of its total revenues by 2005 and will constitute 70 percent of its payroll for police officers, firefighters, teachers, and judges by 2004; (2) the District's unfunded liability increased...
D.C. Pension Benefits: Comparison With Selected State and Local Government Pension Plans
HRD-94-18: Published: Nov 4, 1993. Publicly Released: Nov 4, 1993.
Pursuant to a congressional request, GAO reviewed: (1) the District of Columbia's retirement plans for police officers, firefighters, teachers, and judges; (2) the comparative costs and benefits of the District's retirement plans with similar plans nationwide; (3) the cost-of-living adjustment provisions of the District's retirement plans; and (4) pension funding alternatives to eliminate the Dist...
District's Pensions: Billions of Dollars in Liability Not Funded
HRD-93-32: Published: Nov 30, 1992. Publicly Released: Nov 30, 1992.
Pursuant to a congressional request, GAO reviewed the growth of the District of Columbia's unfunded pension liability, focusing on: (1) how the District's retirement plans compare with other municipal retirement plans; and (2) the impact of U.S. Secret Service personnel on the District's pension liability.GAO found that: (1) in 1979, Congress transferred responsibility for $2 billion in unfunded p...
Federal Workforce: Positions Eligible for Law Enforcement Officer Retirement Benefits
GGD-89-24: Published: Feb 2, 1989. Publicly Released: Feb 9, 1989.
In response to a congressional request, GAO provided information on job classification for federal law enforcement employees eligible under the special retirement provisions of the Civil Service Retirement System, focusing on: (1) the number of approved positions and law enforcement employees hired governmentwide since 1982; (2) whether and why the Departments of Justice (DOJ) and the Treasury inc...
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...
Federal Personnel: Views From Two Agencies on Why More Employees Did Not Join the New Retirement System
GGD-88-52FS: Published: Mar 11, 1988. Publicly Released: Mar 18, 1988.
In response to a congressional request, GAO provided information from Army and Veterans Administration officials on the major reasons why employees did not transfer from the Civil Service Retirement System (CSRS) to the new Federal Employee Retirement System (FERS).GAO found that: (1) 32 officials reported that employees who planned to make their careers in the federal government believed that CSR...
Federal Workforce: Provisions for Comparing Government and Contractor Retirement Costs Should Be Changed
GGD-88-25: Published: Dec 17, 1987. Publicly Released: Dec 17, 1987.
In response to a congressional request, GAO reviewed the appropriateness of the 1986 Office of Management and Budget (OMB) Circular A-76 revisions that required exclusion of thrift savings plans and the Old Age, Survivors, and Disability Insurance (OASDI) portion of Social Security from estimates of government and contractor retirement system costs in cost-comparison studies.GAO found that: (1) th...
Proposed Civil Service Supplemental Retirement System
128278: Oct 28, 1985
GAO presented its views on the proposed Civil Service Supplemental Retirement System, which combines social security, a defined benefit pension plan, and a thrift plan. This approach and the provisions of the thrift plan portion of the proposed program are consistent with prevailing provisions in the private sector; however, other aspects of the plan differ from private sector programs. GAO found...