Pension plan (21 - 27 of 27 items)
The Underfunding of Single Employer Pension Plans
130198: Jun 24, 1986
In response to a congressional request, GAO provided information on private pension plan underfunding, specifically: (1) its extent and effects; (2) factors contributing to underfunding; (3) the potential of the Single Employer Pension Plan Amendments Act of 1986 to alleviate the effects of underfunded terminations; and (4) alternatives for controlling underfunding. GAO found that: (1) of the 14,5...
1980 Multiemployer Pension Amendments: Overview of Effects and Issues
HRD-86-4: Published: Feb 13, 1986. Publicly Released: Feb 13, 1986.
In response to a congressional request, GAO reported on: (1) changes in the Pension Plan Insurance Program's financial condition since the Multiemployer Pension Plan Amendments Act of 1980 (MPPAA) was enacted; (2) the act's initial effects on the program, plan participants, and contributing employers; and (3) possible effects of the act over the long term.GAO found that, at the time MPPAA was enac...
The 1980 Multiemployer Pension Plan Amendments Act: An Assessment of Funding Requirement Changes
HRD-85-1: Published: Feb 27, 1985. Publicly Released: Feb 27, 1985.
GAO reported on the effect of the Multiemployer Pension Plan Amendments Act of 1980 on employers, participants, and others, and it assessed the effect of the act's changes in multiemployer plan funding requirements.GAO found that 14 of 149 plans it examined were financially distressed and could pose a risk to the government's insurance program amounting to billions of dollars. The act's provisions...
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...
Funding of State and Local Government Pension Plans and Need for Congress To Closely Monitor Such Plans
113434: Sep 30, 1980
State and local government pension plans will not be able to meet obligations from current income if current benefit and financing provisions are continued. The few fully funded plans should remain in good shape, but the numerous poorly funded plans can expect financial difficulty in this century. The plans are generally prepared in accordance with recognized actuarial procedures. Of the 72 State...
Funding of State and Local Government Pension Plans
112161: Apr 21, 1980
Congress has long been concerned about the condition of State and local government pension plans. Almost all public pension plans have unfunded accrued liabilities and will continue to have such liabilities for many years. To investigate the potential financial impact of pension funding reform, the funding of 72 pension plans administered by 8 States and 26 local governments within those States we...
The Investment Decisionmaking Process In Two Georgia Public Employee Retirement Plans
HRD-77-21: Published: Nov 30, 1976. Publicly Released: Nov 30, 1976.
The second in a series of seven case studies was performed of the Employees' Retirement System of Georgia and the Atlanta General Employees' Pension Plan. The Georgia plan is the second largest of five employee-administered state retirement plans with about 48,300 members and assets of about $355 million. The Atlanta plan is the largest of three plans for city employees with about 14,400 members a...