Retirement income (61 - 70 of 92 items)
Social Security: Individual Accounts as an Element of Long-Term Financing Reform
T-HEHS-99-86: Published: Mar 16, 1999. Publicly Released: Mar 16, 1999.
Pursuant to a congressional request, GAO discussed how best to ensure the long-term viability of the nation's social security program.GAO noted that: (1) social security forms the foundation of the nation's retirement income structure, and in so doing, provides critical benefits to millions of Americans; (2) yet, problems facing this program pose significant policy challenges that need to be addre...
Social Security: Implications of Extending Mandatory Coverage to State and Local Employees
HEHS-98-196: Published: Aug 18, 1998. Publicly Released: Aug 18, 1998.
Pursuant to a congressional request, GAO examined the implications of extending mandatory social security coverage to all newly hired state and local employees, focusing on: (1) the implications of mandatory coverage for the Social Security Program and for public employers, employees, and pension plans; and (2) potential legal or administrative problems associated with implementing mandatory cover...
Social Security Reform: Implications for Women's Retirement Income
HEHS-98-42: Published: Dec 31, 1997. Publicly Released: Jan 22, 1998.
Pursuant to a congressional request, GAO reviewed the issue of social security reform and women's retirement income, focusing on: (1) why women's benefits are lower than men's under the current social security system; (2) the possible differential effects on women of the new privatization reform proposals; and (3) what can be done to minimize the possibly negative effect on women of certain elemen...
401(k) Pension Plans: Extent of Plans' Investments in Employer Securities and Real Property
HEHS-98-28: Published: Nov 28, 1997. Publicly Released: Dec 29, 1997.
Pursuant to a congressional request, GAO provided information on: (1) the extent to which 401(k) plan assets are invested in employer securities and real property; (2) the protection and any possible problems associated with the recent amendments to title I of the Employee Retirement Income Security Act of 1974 (ERISA); and (3) alternate mechanisms that might safeguard the retirement benefits of p...
401(k) Pension Plans: Loan Provisions Enhance Participation But May Affect Income Security for Some
HEHS-98-5: Published: Oct 1, 1997. Publicly Released: Oct 1, 1997.
Pursuant to a congressional request, GAO: (1) determined the effects of pension-plan borrowing on participation in and contributions to 401(k) pension plans; (2) described the demographic and economic characteristics of workers who borrow from their pension accounts; and (3) identified the potential consequences for participants who borrow from their pension accounts.GAO found that: (1) plans that...
401(k) Pension Plans: Many Take Advantage of Opportunity to Ensure Adequate Retirement Income
HEHS-96-176: Published: Aug 2, 1996. Publicly Released: Aug 2, 1996.
Pursuant to a congressional request, GAO provided information on 401(k) pension plans, focusing on: (1) the proportion of workers covered by 401(k) pension plans; (2) workers' contributions to their 401(k) pension plans; and (3) how workers invest their pension account balances.GAO found that: (1) half of all workers and nearly two-thirds of workers nearing retirement age are covered by a pension...
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...
Pension Plans: Survivor Benefit Coverage for Wives Increased After 1984 Pension Law
HRD-92-49: Published: Feb 28, 1992. Publicly Released: Feb 28, 1992.
Pursuant to a congressional request, GAO provided information on survivor pension benefits for widowed individuals, focusing on: (1) the prevalence of survivor pension benefits; (2) the relative size of survivor benefits received by widowed men and women; (3) the rate at which married pension retirees are retaining a joint and survivor (J&S) annuities; and (4) whether the rate of J&S annuity reten...
Insurance Company Failures Threaten Retirement Income
T-HRD-91-41: Published: Jun 27, 1991. Publicly Released: Jun 27, 1991.
GAO discussed the impact of insurance company failures on pension plan incomes, focusing on what happens when pension plans purchase insurance annuities and invest funds through insurance companies. GAO noted that: (1) pension plans have purchased annuities for 3 million to 4 million retirees and have invested about a third of all pension assets with insurance companies; (2) between January 1975 a...
Social Security: Analysis of a Proposal to Privatize Trust Fund Reserves
HRD-91-22: Published: Dec 12, 1990. Publicly Released: Jan 11, 1991.
Pursuant to a congressional request, GAO reviewed a congressional proposal to create a new system of Individual Social Security Retirement Accounts (ISSRA), in which workers could place accumulated social security reserves for private-sector investment.GAO found that: (1) the proposal's effect on national saving was unclear; (2) ISSRA could be integrated with the existing progressive benefit struc...