Civil service pensions (1 - 10 of 22 items)
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...
Federal Workforce: Effects of Public Pension Offset on Social Security Benefits of Federal Retirees
GGD-88-73: Published: Apr 27, 1988. Publicly Released: Apr 27, 1988.
Pursuant to a congressional request, GAO examined the impact of the Social Security Act's public pension offset provisions on federal retirees.GAO found that, of 104,608 federal, state, and local government retirees with benefits subject to the offset provision: (1) 74 percent were men; (2) 92 percent had their spousal or survivor benefits totally offset; and (3) 69,061 were federal retirees, of w...
Federal Executive Pay
T-GGD-87-1: Published: Nov 3, 1986. Publicly Released: Nov 3, 1986.
GAO provided its views on the need to adjust the salaries of top government officials. GAO noted that: (1) salary levels have not kept up with inflation; (2) the new federal employee retirement system that will go into effect next year will provide little incentive to federal employees to remain with the federal government, and will likely result in an increase in civil service turnover; (3) fewer...
[Response to Request Concerning Applicable Laws on Involuntary Retirement and Subsequent Rehiring of Employee]
B-202893: Published: Jul 22, 1986. Publicly Released: Oct 28, 1986.
In response to a congressional request, GAO commented on whether applicable laws and regulations were met in: (1) the involuntary retirement of an Economic Regulatory Administration (ERA) employee; and (2) the rehiring of the employee on a part-time basis. GAO held that the involuntary retirement and subsequent rehiring of the employee did not violate applicable laws and regulations...
Federal Retirement: Records Processing Is Better; Can Be Further Improved
GGD-86-47: Published: May 15, 1986. Publicly Released: May 15, 1986.
In response to a congressional request, GAO identified methods the Office of Personnel Management (OPM) could use to streamline the processing of civil service retirement documents and reduce the backlogs.GAO noted that OPM: (1) was not effectively using its automated equipment; and (2) did not assign and organize its personnel for maximum productivity. GAO found that OPM employees: (1) reviewed e...
Federal Compensation: Effects of Proposed Retirement Changes on a Typical Federal Retiree
GGD-86-51FS: Published: Feb 27, 1986. Publicly Released: Feb 27, 1986.
Pursuant to a congressional request, GAO reviewed the effects of the fiscal year 1987 budget proposal which recommends changes to the civil service retirement benefits for a typical employee retiring at age 61 after 30 years of service.GAO found that: (1) the overall effect of the proposed benefit reductions would result in a loss of $112,000 over the lifetime of the typical retiree; (2) the propo...
Retirement Benefits: Modification of Civil Service Retirement Benefits for Part-Time Work
PEMD-86-2: Published: Jan 9, 1986. Publicly Released: Jan 9, 1986.
GAO reviewed the current retirement rules used for calculating civil service benefits for federal employees and developed a modification to bring retirement benefits in line with work actually performed during a career. A similar provision has been included in the proposed Civil Service Pension Reform Act covering employees hired after 1983.GAO found that retirement benefits for federal employees...
[Payment of Retirement Benefits to Certain Officials of the Judicial Branch]
B-219931: Published: Nov 5, 1985. Publicly Released: Nov 5, 1985.
No summary is currently available...
Summary of 1983 Federal Pension Plan Information
AFMD-85-69: Published: Sep 26, 1985. Publicly Released: Sep 26, 1985.
Pursuant to a congressional request, GAO reviewed the information contained in the federal pension plan reports filed with the Comptroller General.GAO found that: (1) the comparative data for plan years 1979 through 1983 showed that the plans covered 6 million active participants; (2) the net assets available for benefits totalled $115.8 billion; (3) the projections were highly dependent on the ac...
S. 1527, the Civil Service Pension Reform Act of 1985
127877: Sep 9, 1985
Testimony was given concerning a bill proposing a new retirement program for federal employees covered by social security. GAO noted that: (1) the proposed bill represented a comprehensive and thorough retirement program design; (2) many of the specific provisions of the pension plan portion of the proposed program were completely consistent with prevailing pension plans; and (3) age 62 is usually...