Federal employee retirement programs (11 - 20 of 27 items)
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...
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...
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...
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 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...
Army Materiel Command: Providing Early Retirement Incentives in 1990 Could Have Saved Money
NSIAD-93-233: Published: Aug 24, 1993. Publicly Released: Aug 24, 1993.
Pursuant to a congressional request, GAO estimated the potential savings to the government if the Army Materiel Command (AMC) had implemented certain retirement incentives in 1990.GAO found that: (1) the cost savings from additional retirements would have ranged from $100,000 to $250,000 per retiree if AMC did not replace the retiree; (2) factors affecting the costs of retirement incentives includ...
Army Materiel Command: Factors Influencing Retirement Decisions During 1990 Reduction in Force
NSIAD-93-28BR: Published: Dec 31, 1992. Publicly Released: Jan 29, 1993.
GAO examined early retirements that Army Materiel Command (AMC) civilian personnel took during a 1990 reduction-in-force action, focusing on: (1) how the early retirements helped to avoid involuntary separations; (2) the major differences among personnel who took early retirement and those who did not; and (3) retirement-eligible employees' reactions to hypothetical retirement incentives.GAO found...
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...
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...