Federal employees retirement system (11 - 20 of 21 items)
[Comments on FRTIB Objections to GAO Recommendations]
B-260594: Published: Nov 29, 1995. Publicly Released: Nov 29, 1995.
The Federal Retirement Thrift Investment Board reiterated its position that it lacked the legal authority to carry out a GAO recommendation that it provide information to federal employees on how Thrift Savings Plan investments interact with Federal Employees' Retirement System benefits. GAO noted that: (1) it fully complied with government auditing standards requiring it to give the Board the opp...
Federal Pensions: Thrift Savings Plan Has Key Role in Retirement Benefits
HEHS-96-1: Published: Oct 19, 1995. Publicly Released: Nov 20, 1995.
Pursuant to a congressional request, GAO provided information on the Federal Employee Retirement System (FERS), focusing on: (1) the extent to which employees under FERS voluntarily contribute to the Thrift Savings Plan (TSP); (2) how well TSP educational materials address the importance of employee participation; and (3) whether there should be additional TSP investment options.GAO found that: (1...
Federal Retirement System Financing
T-GGD-95-197: Published: Jun 28, 1995. Publicly Released: Jun 28, 1995.
GAO discussed federal retirement system financing, focusing on: (1) how the government finances the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS); and (2) the budget implications of the financing methods being used. GAO noted that: (1) employees contribute toward CSRS and FERS costs and the government funds all remaining costs; (2) CSRS contributions are...
Overview of Federal Retirement Programs
T-GGD-95-172: Published: May 22, 1995. Publicly Released: May 22, 1995.
GAO discussed federal retirement issues, focusing on the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). GAO noted that: (1) CSRS has been closed to new entrants since 1983 and is a stand-alone pension system, while FERS covers employees who began federal service after 1983 and includes social security coverage, a pension plan, and a thrift savings plan;...
Congressional Retirement Issues
T-GGD-95-165: Published: May 15, 1995. Publicly Released: May 15, 1995.
GAO discussed congressional retirement benefits, focusing on how they compare to retirement benefits available to other federal and civil service employees. GAO noted that: (1) overall, the retirement provisions in the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS) for members are more beneficial than the provisions for other federal employee groups, sinc...
Federal Retirement: Benefits for Members of Congress, Congressional Staff, and Other Employees
GGD-95-78: Published: May 15, 1995. Publicly Released: May 15, 1995.
Pursuant to a congressional request, GAO compared the retirement benefits available to members of Congress and congressional staff with those available to other employees under the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS).GAO found that: (1) CSRS provisions for congressional members are generally more generous than those for general employees; (2) M...
Federal Workforce: Positions Eligible for Law Enforcement Officer Retirement Benefits
GGD-89-24: Published: Feb 2, 1989. Publicly Released: Feb 9, 1989.
In response to a congressional request, GAO provided information on job classification for federal law enforcement employees eligible under the special retirement provisions of the Civil Service Retirement System, focusing on: (1) the number of approved positions and law enforcement employees hired governmentwide since 1982; (2) whether and why the Departments of Justice (DOJ) and the Treasury inc...
S.42, Optional Early Retirement Program for Federal Employees
T-GGD-88-28: Published: Apr 21, 1988. Publicly Released: Apr 21, 1988.
GAO discussed a bill which would authorize a temporary governmentwide early retirement opportunity for federal civilian employees. GAO noted that the bill would: (1) allow employees who met specific age and service time criteria to retire on immediate annuities; (2) exclude certain employees in designated positions; (3) not allow agencies to replace employees who retired early; (4) considerably ex...
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...
Federal Workforce: Provisions for Comparing Government and Contractor Retirement Costs Should Be Changed
GGD-88-25: Published: Dec 17, 1987. Publicly Released: Dec 17, 1987.
In response to a congressional request, GAO reviewed the appropriateness of the 1986 Office of Management and Budget (OMB) Circular A-76 revisions that required exclusion of thrift savings plans and the Old Age, Survivors, and Disability Insurance (OASDI) portion of Social Security from estimates of government and contractor retirement system costs in cost-comparison studies.GAO found that: (1) th...