Federal employee retirement programs (21 - 27 of 27 items)
Implementation of the Federal Employees' Retirement System Act of 1986
T-GGD-87-10: Published: Mar 25, 1987. Publicly Released: Mar 25, 1987.
Pursuant to a congressional request, GAO testified on the implementation of the Federal Employees Retirement System Act of 1986 (FERS). GAO noted that three lead agencies set policy for investment and management of the thrift savings fund, administer the basic annuity portion of FERS, and serve as information sources for employees transferring to a new retirement system. GAO found that: (1) some a...
Comparison of Retirement Benefits for W. R. Grace & Company and Civil Service Employees
OCG-84-1: Published: Jun 12, 1984. Publicly Released: Jul 2, 1984.
In response to a congressional request, GAO compared the retirement benefits offered by W. R. Grace & Company with the benefits available from the Federal civil service retirement system (CSRS).GAO obtained information from the firm on the age, length of service, and retirement benefits for the firm's employees who retired in 1983 and similar data from the Office of Personnel Management for civil...
Argonne National Laboratory Early Retirement Program
EMD-81-33: Published: Nov 26, 1980. Publicly Released: Nov 26, 1980.
A review was made of the Department of Energy's (DOE) process for renewing the operating contract of the Argonne National Laboratory. DOE approved the operating contractor's proposed program to encourage senior laboratory scientists to retire earlier than the normal retirement age of 65 years. Through the early retirement program, the Laboratory and DOE were hoping to terminate the employment of o...
Delays in Processing Civil Service Retirement Claims
112144: Apr 22, 1980
In a review of delays in processing civil service retirement claims, it was noted that the situation is worse today than ever before. In January 1978, the number of on-hand, uncompleted claims was about 57,000; the number is now nearly 90,000. The time required by the Office of Personnel Management (OPM) to process claims has increased from an average of 45 to 95 days. One of the reasons for proce...
Federal Employee Awareness of Benefits Program Content and Value
FPCD-79-53: Published: May 14, 1979. Publicly Released: May 14, 1979.
Based on informal surveys, federal employees substantially underestimate the value of their benefits. The present method of providing general announcements and descriptive brochures aimed at large groups of employees does little to inform individuals about the specific value of their benefits.The disclosure practices of public employee retirement systems at the federal, state, and local level fall...
Need for Overall Policy and Coordinated Management of Federal Retirement Systems (Volumes I & II)
FPCD-78-49: Published: Dec 29, 1978. Publicly Released: Jan 19, 1979.
At the request of three House committee/subcommittee chairmen, GAO studied the desirability of establishing a mechanism to provide coordinated management of all retirement systems for Federal personnel in the executive, legislative, and judicial branches.Federal retirement programs have not received the management attention they deserve. The lack of overall Federal retirement policies has resulted...
Disability Provisions of Federal and District of Columbia Employee Retirement Systems Need Reform
FPCD-78-48: Published: Jul 10, 1978. Publicly Released: Jul 10, 1978.
Previous reports have discussed shortcomings in the disability provisions of federal and District of Columbia (D.C) retirement programs. Action on recommendations made in prior reports is still needed.The number of retirees receiving civil service disability annuities more than doubled from 1970 to 1977. The Civil Service Commission's (CSC) interpretation of entitlement to disability retirement is...