Financial management (21 - 23 of 23 items)
Social Security: The Notch Issue
HRD-88-62: Published: Mar 24, 1988. Publicly Released: Mar 24, 1988.
Pursuant to a congressional request, GAO reviewed the disparity of social security benefits, known as the notch, between classes of recipients, resulting from the Social Security Amendments of 1977, specifically: (1) how the notch arose; (2) its effect on beneficiaries; (3) the financial implications of some proposed notch legislation; and (4) the socioeconomic characteristics of affected social s...
Pensions: Plans With Unfunded Benefits
HRD-87-15BR: Published: Oct 22, 1986. Publicly Released: Oct 22, 1986.
In response to a congressional request, GAO provided information on: (1) the extent to which single-employer defined-benefit pension plans are underfunded; and (2) the effect that underfunded plan terminations have had on the government insurance program's financial viability.GAO found that: (1) 3,351 of the 14,581 plans were underfunded by about $21 billion, while the other plans had assets that...
Functional Regulation: An Analysis of Two Types of Pooled Investment Funds
GGD-86-63: Published: May 12, 1986. Publicly Released: May 12, 1986.
GAO examined the implications and considerations associated with subjecting similar financial products and services to similar regulatory treatment, specifically mutual funds and bank-sponsored collective investment funds. This would allegedly result in eliminating the competitive advantage in the marketplace that one type of fund may have over the other. GAO developed two scenarios that could lea...