Retirement benefits (11 - 20 of 48 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: 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...
Workforce Reductions: Downsizing Strategies Used in Selected Organizations
GGD-95-54: Published: Mar 13, 1995. Publicly Released: Mar 13, 1995.
GAO provided information on how 17 private companies, 5 states, and 3 foreign governments planned for and carried out downsizings, focusing on successful strategies and approaches that may help federal agencies to implement federal employment reductions mandated by the Federal Workforce Restructuring Act.GAO found that: (1) while private companies base downsizing decisions on corporate restructuri...
GGD-93-2R: Published: Oct 20, 1992. Publicly Released: Oct 20, 1992.
Pursuant to a congressional request, GAO evaluated the impact of increased federal employee retirement at the end of 1990 due to the suspension of the lump-sum retirement benefit. GAO found that: (1) the pattern of retirements for 1989 and 1990 were similar, except that the largest number of monthly retirements occurred in November of 1990, compared to December of 1989, because many employees reti...
Federal Compensation: Recovery of Improper Health Benefits Charges Needed
GGD-89-27: Published: Dec 13, 1988. Publicly Released: Dec 13, 1988.
GAO reviewed certain aspects of the Federal Employees Health Benefits Program (FEHBP) to determine the reasonableness of the administrative costs that carriers basing their premiums on claims experience charged FEHBP.GAO found that: (1) one carrier improperly charged FEHBP and the Retired Federal Employees Health Benefits Program about $7.2 million for federal income taxes on its service charge fr...
State Department: Controlling Access to Headquarters Facilities
NSIAD-88-196BR: Published: Jun 29, 1988. Publicly Released: Aug 1, 1988.
Pursuant to a congressional request, GAO provided information regarding the Department of State's issuance of building passes to nondepartmentmental employees.GAO found that State: (1) lacked a formal policy or criteria for granting and issuing passes; (2) cited employee morale, convenience, and access to building services to justify employee family passes; (3) routinely issued passes to personnel...
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 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...