Pensions (71 - 80 of 154 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...
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...
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...