Federal employee retirement programs (21 - 30 of 38 items)
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...
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...
S. 2197, Optional Early Retirement Program for Federal Employees
129890: May 15, 1986
Testimony was given concerning early retirement for federal employees. GAO noted that S. 2197, a bill to establish temporary early retirement, would: (1) allow employees of a certain age with a specific number of service years to retire on immediate annuities; (2) reduce benefits by 2 percent for each year under age 55; (3) be available for a 6-month period ending December 31, 1986; (4) apply to a...
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...
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...
State Department's Interpretation of Certain Provisions of the Foreign Service Retirement Amendments of 1976
B-188165: Published: Mar 11, 1977. Publicly Released: Sep 27, 1983.
No summary is currently available...
Retirement Benefits for Panama Canal Employees
FPCD-80-41: Published: Feb 14, 1980. Publicly Released: Feb 14, 1980.
GAO was asked to evaluate the Office of Personnel Management's (OPM) determination of the cost of the increased retirement benefits granted to Panama Canal employees by the legislation implementing the Panama Canal Treaty. The legislation granted major retirement benefits to Canal employees that are not provided to other Federal personnel under the civil service retirement system. Canal personnel,...
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...
Implementation of P.L. 95-382--Civil Service Retirement Credit for Japanese-Americans
FPCD-79-39: Published: Mar 28, 1979. Publicly Released: Mar 28, 1979.
Under a law enacted on September 22, 1978, civil service retirement credit became available to Japanese-Americans who were confined in U.S. internment camps during World War II and later became Federal employees. The law required the Office of Personnel Management (OPM) to ensure that all eligible Japanese-Americans be informed of their legal rights. OPM is responsible for assisting eligible emplo...
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...