Funds management (111 - 120 of 136 items)
Comments on the Economic Implications of the Proposed Florio Amendment to the Nondiscrimination in Insurance Act
OCE-84-6: Published: Sep 27, 1984. Publicly Released: Oct 29, 1984.
GAO was asked to analyze a substitute to H.R. 100, proposed legislation which would prohibit distinctions based on race, color, religion, sex, or national origin in the marketing and pricing of insurance and pension contracts. The bill would have required that: (1) sex-distinct premiums and benefits in the contracts be equalized; and (2) no one's benefits be reduced as part of the equalization pro...
[Query Concerning Availability of Funds Paid Under 10 U.S.C. 1466]
B-214196: Published: Apr 30, 1984. Publicly Released: Apr 30, 1984.
GAO was asked for its opinion concerning whether amounts paid into the Department of Defense Military Retirement Fund under 10 U.S.C. 1466 are made available to the fund through annual appropriations or whether such payments are funded by a permanent appropriation. GAO concluded that amounts paid into the fund under 10 U.S.C. 1466(a) require annual appropriations; however, amounts certified under...
Economic Implications of the Fair Insurance Practices Act
OCE-84-1: Published: Apr 6, 1984. Publicly Released: Apr 6, 1984.
In response to a congressional request, GAO reviewed the economic implications of the proposed Fair Insurance Practices Act. Specifically, GAO reviewed: (1) how cost considerations vary by type of insurance; and (2) the effect that unfunded liabilities in pension plans would have on the ability of pension plans to meet the minimum funding requirements of the Employee Retirement Income Security Act...
Proposed Changes in Social Security Rules Concerning More Frequent Deposits of Social Security Contributions by States
107338: Jun 9, 1978
The Social Security Administration's "Notice of Proposed Rulemaking" would increase the frequency with which States and interstate instrumentalities must deposit social security contributions on wages and salaries paid to covered employees from quarterly to monthly. The proposal would result in substantial interest earnings to the Social Security Trust Funds, but it may not go far enough to maximi...
Review of Reimbursements to Contractors for Payments Into Private Pension Plans
089642: Feb 5, 1975
No summary is currently available...
Estimates of the Savings if the Social Security Benefit Formula Which Favors Short-Term Workers Was Revised
HRD-83-54: Published: May 6, 1983. Publicly Released: May 26, 1983.
In response to a congressional request, GAO updated previous estimates of the potential savings to the social security trust funds if the short-term worker advantage were removed from benefit calculations. GAO was also asked to identify the groups and approximate numbers of individuals that currently realize this advantage and would be affected by the change.Updated estimates show that revising th...
Inaccurate Fund Transfers Between Social Security Administration and Railroad Retirement Board
HRD-83-2: Published: Apr 4, 1983. Publicly Released: Apr 4, 1983.
GAO reviewed the financial interchange whereby the Social Security Administration (SSA) has paid more than $17 billion to the Railroad Retirement Board (RRB) since 1958.In reviewing 1979 financial interchange data, the current data available when the GAO review began, GAO found errors and inaccuracies in benefit calculations, projections, and administrative expense estimates resulting from SSA ove...
Recommendations of National Commission on Social Security Reform
120701: Feb 18, 1983
Testimony was given concerning the recommendations of the National Commission on Social Security Reform for resolving the short- and long-range problems of the social security trust funds. The Commission suggested options which it believes will resolve the entire short-term deficit and about two-thirds of the long-term deficit. GAO recognized that, if economic conditions prove to be less favorable...
Inadequate Internal Controls Affect Quality and Reliability of the Civil Service Retirement System's Annual Report
AFMD-83-3: Published: Oct 22, 1982. Publicly Released: Oct 22, 1982.
GAO reported on the quality and reliability of the financial and actuarial information presented by the Office of Personnel Management (OPM) in its 1980 report on the Civil Service Retirement System. GAO also reviewed the plan's internal control procedures to determine their effectiveness in ensuring the reliability of the information used.GAO found that OPM did not establish adequate internal con...
Statement on Investigation To Reform Teamsters' Central States, Southeast and Southwest Areas Pension Fund
119252: Jul 26, 1982
GAO discussed its review of the Government's investigation to reform the Teamsters' Central States, Southeast and Southwest Areas Pension Fund. Since the Fund's inception in 1955, its trustees have been the subject of controversy and allegations of misuse and abuse of its assets. Over the past 14 years, various Federal agencies have investigated the Fund and the alleged misconduct by the trustees...