Federal employees (21 - 30 of 131 items)
Human Capital: Retirements and Anticipated New Reactor Applications Will Challenge NRC's Workforce
GAO-07-105: Published: Jan 17, 2007. Publicly Released: Jan 17, 2007.
The Nuclear Regulatory Commission (NRC) is responsible for licensing and inspecting the nation's nuclear power plants to ensure their safety and security. By 2010, about one third of NRC's workforce with mission-critical skills will be eligible to retire. At the same time, NRC's workforce needs to expand because NRC expects to receive at least 20 applications for 29 new nuclear power reactors begi...
Federal Thrift Savings Plan: Customer Service Practices Adopted by Private Sector Plan Managers Should Be Considered
GAO-05-38: Published: Jan 18, 2005. Publicly Released: Feb 18, 2005.
Intended to resemble private sector 401(k) pension plans, the federal government's Thrift Savings Plan (TSP) held more than $128 billion in retirement assets for over 3 million participants at the end of 2003. Customer service-related difficulties during the Federal Retirement Thrift Investment Board's (TSP's governing body) record-keeping system conversion in 2003 led the Chairman of a Senate Com...
Thrift Savings Plan: Delayed Allocation of Failed System Development Costs to Participant Accounts
GAO-03-827R: Published: Jul 22, 2003. Publicly Released: Aug 22, 2003.
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees, governed by the Federal Retirement Thrift Investment Board (Board). The TSP is a defined contribution retirement plan available to eligible federal employees. The TSP had about 2.6 million participants and held about $100.6 billion in Net Assets Available for Benefits as of December 31, 2001, and about...
Federal Pensions: DOL Oversight and Thrift Savings Plan Accountability
GAO-03-400: Published: Apr 23, 2003. Publicly Released: May 15, 2003.
The Thrift Savings Plan (TSP) is a retirement savings and investment plan for federal employees, governed by the Federal Retirement Thrift Investment Board (the TSP Board). Recent events relating to the TSP Board's contract to upgrade TSP's record keeping system have raised questions about the management of the TSP. In light of the TSP Board's actions relating to the record keeping system and the...
Social Security: Issues Relating to Noncoverage of Public Employees
GAO-03-710T: Published: May 1, 2003. Publicly Released: May 1, 2003.
Social Security covers about 96 percent of all US workers; the vast majority of the rest are state, local, and federal government employees. While these noncovered workers do not pay Social Security taxes on their government earnings, they may still be eligible for Social Security benefits. This poses difficult issues of fairness, and Social Security has provisions that attempt to address those is...
Joint FBI and Justice Investigation of Alleged Misconduct by Senior FBI Personnel in 1997 and Our Queries About the Possibility of Similar Misconduct in 2001
GAO-02-189R: Published: Dec 21, 2001. Publicly Released: Jan 9, 2002.
This letter responds to allegations of improper conduct by senior Federal Bureau of Investigations (FBI) personnel in connection with an October 1997 retirement dinner for former FBI Assistant Director Larry Potts. The allegations asserted that a conference was scheduled at the FBI Training Academy in Quantico, Virginia, to provide a reason for senior FBI personnel to travel to Mr. Potts' retireme...
Federal Employee Retirements: Expected Increase Over the Next 5 Years Illustrates Need for Workforce Planning
GAO-01-509: Published: Apr 27, 2001. Publicly Released: May 4, 2001.
If the federal government is to effectively manage the tasks and programs assigned to it through legislation, it must have a sufficient and qualified workforce. One important element that agencies must consider in their workforce planning is the number and kinds of employees who will retire during the next five years. GAO projects that the number of employees retiring will be roughly equivalent to...
Pension Benefit Guaranty Corporation: Contracting Management Needs Improvement
HEHS-00-130: Published: Sep 18, 2000. Publicly Released: Sep 21, 2000.
Pursuant to a congressional request, GAO reviewed the effectiveness of the Pension Benefit Guaranty Corporation's (PBGC) contracting activities, focusing on: (1) the basis for PBGC's decisions regarding the use of contractors versus government personnel to address its workloads; (2) PBGC's processes and procedures for selecting contractors; and (3) how effective PBGC has been in monitoring the per...
Federal Pensions: Judicial Survivors' Annuities System Costs
GGD-00-125: Published: May 25, 2000. Publicly Released: May 25, 2000.
Pursuant to a legislative requirement, GAO reviewed certain aspects of the Judicial Survivors' Annuities Systems (JSAS), which provides annuities to the surviving spouses and dependent children of deceased federal judges and other judicial officials who participate in JSAS.GAO noted that: (1) the participating judges did not pay one-half of the JSAS normal cost during fiscal years 1996 through 199...
Senior Executive Service: Retirement Trends Underscore the Importance of Succession Planning
GGD-00-113BR: Published: May 12, 2000. Publicly Released: May 12, 2000.
Pursuant to a congressional request, GAO provided information on the Senior Executive Service's (SES) retirement trends, focusing on: (1) trends for the SES' workforce governmentwide and for selected agencies and occupational series through fiscal year (FY) 2005 and how they compared with the trends over the 7-year period ending FY 1998; and (2) the implications of SES retirement trends for SES su...